Thanks MiningN.
Interesting. Why are you forecasting only a $120 avg price for the qtr with FWD prices still US$215+? Also $32/t on the thermal seems light with fwd prices at ~$160/t (this is small beans revenue wise anyway).
Do you know why there was a comment about reducing royalties in the report? I didnt see any stated reasoning. Are you aware of any reason that the royalties would drop?
Cheers
Ann: Half Year Results and Investor Presentation, page-8
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