Currently signed Coal Agreement Executed @ 3yrs with Eskom , strength in position with SA government and locals , foundation set Here !AGAIN PROFIT ( 770k x $5 or 7 P/T = $5-$6m PA) 770kt x $7pt =$5390000 x 3ys = $16170000
how i see it 770kt x $7pt = $5390000
less ntshevelo 40% (215600) = $3234000
less sioc-cdt 26% (84084) = $2393160
asx:ccc share = $2393160 x 3yrs = $7179480
1 WHOLE years production agreement to pay range resources?? (that doesnt seem paltry)
over 4 WHOLE years production to equal the vanmag deal???(when is a deal not a deal)
the headline looked much better than this
any agreement must work both ways so what are the consequences of missing the 770kt PA-not good i bet (dealing with a power generator)
do hope i've got it wrong
CCC Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held