I just read something more concerning your sale price on gas to Alcoa is based on the Brent Oil price in USD as disclosed in the previous quarters cash earning statement. Im not sure why they do that but have a look at the price of Brent Oil recently: http://www.investing.com/commodities/brent-oil-advanced-chart The benefit is that it is US dollars so while the Aussie dollar is dropping you will earn from that hedge but Brent has halfed in 6 months. So really you heavily effected by the drop in oil ? Funny no one mentioned that ?
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%