March Qtr sales 133kt sounds well below plan production levels.
If black warrior is 20kt/mt so Approx 60kt for Qtr the New elk contributes 77kt…
This is a long way below the hoped for annualised production levels.
I know there is a lag between production and sales…but I think the market wants to see real volumes and sales at/near benchmark pricing before we see much of a rerate
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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