Hi Clybiz, I think it was you who asked a week or so ago about having a crack at estimating this Qtr revenue, I am going to have a bit of a guess and I am open to any thoughts. ESTIMATED REV FOR JUNE QTR.
Post Qtr cash paid from last Qtr.----------------------------------------------------------$15m 125kt ready for shipping---------------------------------------------------------------------$38m 350kt ready at ROM--------------------------------------------------------------------------$72m Bluff sold 55kt post Qtr-----------------------------------------------------------------------$17m Bluff estimate production This Qtr 120Kt ROM-----------------------------------------$25m Broad East production this Qtr 200kt ROM----------------------------------------------$43m --------------- A$210m Revenue June Quarter ---------------- I have used a coal price of US$215 ( just an estimate) and assumed that all production is Coking Coal. I have also assumed that the 350Kt ROM at Burton will be put through pretty quickly as the CHPP is capable of running at over 675Kt/Qtr. I have estimated ROM recovery of 70%.
This is obviously not financial advice and I would like to hear other thoughts.
BCB Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
