Every thing I said was close, give or take a few bucks.
Read a lot of reports, I think Ter had sales contracts under AP14.
Last quarter the aic of sales was $228 per tonne on $497 average sales price so a margin of $269 per tonne sold.
Royalties were $125 and cost of production was $103. Equals $228 per tonne.
This quarter to date is average of $370 per tonne total sales price.
The current price is $286 per tonne sold.
Sales over $300 per tonne attract 40% royalty.
All is in Aussie dollars.
Ann: Dividend Declaration, page-33
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