I crunched the numbers to see what we can expect. Before cash...

I crunched the numbers to see what we can expect.

Before cash outflows - -Exploration and evaluation -Development -Production -Staff costs -Administration and corporate costs -Other
October 2016  to March 2017 RRP will receive $234 Million

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3rd Quarterly October to December PCI USD $133 /t
780kt x USD PCI $133 /t = USD $104 mill

MINUS 30% USD $31 Mill

RRP Receives USD $73 Million Converted to AUD $101 Million

Royalty Payment
FCL will pay Anglo a semi-annual royalty (“Royalty Payment”) on its 70% share of coal extracted
A$130 per tonne then a payment of A$3.00 per tonne
760,000 x AUD $3 = AUD $2.28 mill

Total to RRP minus 30% & Royalty payment = AUD $99 million

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1st Quarterly January – March PCI $180USD/ T
780kt x USD PCI $180/ T = USD $141 mill

MINUS 30% USD $42 Mil

RRP Receives USD $99 Million Converted to AUD $137 Million

Royalty Payment
FCL will pay Anglo a semi-annual royalty (“Royalty Payment”) on its 70% share of coal extracted
A$130 per tonne then a payment of A$3.00 per tonne
760,000 x AUD $3 = AUD $2.28 mill

Total to RRP minus 30% & Royalty payment = AUD $135 million

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October 2016  to March 2017 RRP will receive $234 Million

Happy Christmas to all.


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