Now that we have Dec Qtr Platts coal contract prices (based on...

Now that we have Dec Qtr Platts coal contract prices (based on Sept Qtr spot prices) we can have a fairer idea of what to expect of TIG this 

shipping season with SSCC: $123.50 USD/ton ($174 AUD)

https://www.platts.ru/latest-news/metals/singapore/japanese-steelmaker-settles-pulverized-coal-injection-26026227

Thermal coal has been reported elsewhere @ $112/USD/ton.($155 AUD)

Let's make some assumptions:

That the Sept Qtr shipping/sales will be: 360K ton @ an average price of $110 AUD ton = $39.6 mil. AUD

This is based on 65/35 thermal to SSCC mix at a discount of 35% due to coal being unwashed etc.

The June Qtr had sales of $2.54 mil AUD

Aug 31st update said that 71% of coal mined July & AUG was SSCC with a similar %age being likely for Sept & Oct.

Let's suppose that TIG can ship 120K ton for the full month of October @ say $110/ton AUD due to improved quality:

This would yield a further $13.2 million which would make total revenue for 2018 at $55mil.AUD.(revenue for last Mar Qtr excluded)

All-in costs should be less than half of this.

All  IMO, of course...........What do others think?