TER 3.57% 21.8¢ terracom limited

Ann: Further Extension to Blair Athol Mine Life, page-18

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  1. 1,504 Posts.
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    Petitions being signed already, I doubt the locals are going to let this happen. There is a petition circulating to prevent the trucking from Clermont to Moranbah and TBH it would be a dangerous operation.

    From a financal point of view, I cannot understand how TER and Glencore cannot come to an acceptable agreement. Trucking coal 110km and they presumably paying top dollar for loading at someone else's TLO... Saying like that I actually cannot understand how they are going to make money. Still a couple of operations in care and maintenance, they must be trucking it to one of those operations.
 
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