The way I look at the price of oppies in May is if the company has signed offtake agrements at say $150 a ton, with IPL WES plus NZ, I can see that figure being achieved with low transport costs and a quality problem. Then no problem with oppies.
If the company cannot achieve this scenario - I reckon AD will re-issue them for a date 6 months down the track.
Furthermore, I can see the local companies being delivered by train and shipping out of a southern port for NZ, leaving Darwin free to ship to India - thus allowing extra tonage to be produced from the word go.
Hope these thoughts may make you sleep easier Geoff.
Dewsbury
The way I look at the price of oppies in May is if the company...
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