TER 2.08% 23.5¢ terracom limited

Ann: FY2021 Full Year Coal Sales, page-3

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    June numbers
    BA - 90kT export
    SA - 100kT export

    Newcastle 6000kcal June average US$115/t or A$151/t
    Richards Bay 5500kcal June average US$95/t or A$125/t

    Based on 20% discount out of BA, we could have been around the A$50-60/t Margin sold in the month on export tonnes - if the case would equate to A$9.5 - A$11.5 EBITDA for the month. Not bad, nice commentary about the turn around in SA. Company well positioned to pay down debt fast.

    ~700M shares on issue, 1c dividend = A$7M.
    Last edited by hilly_sandman: 09/07/21
 
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