To me just sounds like we gave 280,000t of coal away at a little above cost? we need some transparency here.
Pricing for these initial trial cargoes was at fixed price levels providing a margin above FOB cash costs for New Elk.The Company is working towards index linked pricing once sampling (including from these trial shipments) have been completed by the potential steel mill customer base
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- Ann: New Elk Production Commences and Forward Sales Agreed
Ann: New Elk Production Commences and Forward Sales Agreed, page-7
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