CRN coronado global resources inc.

Ann: Response to Media, page-32

  1. 147 Posts.
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    Stanwell and CRN are currently signed and sealed to the new coal supply agreement
    CRN has the time option of terminating the old contract between now and 1 January 28 by delivering the last shipment of coal under the old coal agreement
    As per the NCSA - from the point of delivery(last shipment under old coal agreement) till the 31/12/2027 CRN supply coal under the NCSA
    Ten year NCSA begins 01/01/2028 - 31/12/2037
    Stanwell would NOT want CRN to default on NCSA
    Point is Stanwell will negotiate whats best for a successful NCSA for the future power production for Australia
    Read Hagetaka (till crn on feet)
    The sooner CRN fulfil their old contract obligations the sooner we run



 
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