TER 0.00% 17.0¢ terracom limited

So moving forward, 2.7MT per year out of BA at a $50.00 per T...

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    lightbulb Created with Sketch. 78
    So moving forward, 2.7MT per year out of BA at a $50.00 per T margin, equates to $135 M gross profit, not including SA operations.
    Have l got this right. So every $1.00 increase in the coal price equates to a extra $2.7M gross profit.
    The coal price still moving higher, this could turn out to a gold mine.
    With these margins l can't work out why the refinance hasn't gone through, or are they looking at some other refinance packages, with a shorter term, as debt may be paid back in the next few years.
    May sentiment is now buy
 
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