I agree, but as per @sidat1984" the numbers specially for last 3...

I agree, but as per @sidat1984

" the numbers specially for last 3 scenarios would further improve. " - It wouldn't change the numbers for the last 3 scenarios if you are talking about average coal price realized over the 12 month period? The average price is the average price.

Might be misunderstanding here but the numbers would be the same, however every month that ticks by at current coal prices means we are more protected from the downside? Meaning that in order for the average price to drop to $250 US/T as per your lowest calculation, we would need to see an astronomical drop in coal price in order to bring the average down to $250/T. Even if we only see current prices for another 3 months, 6 months completed at $400+/T means the coal price would need to drop 50-75% for the following six months to reach the lowest average given of $250/T? I'm well aware you know how averages work mate, just clarifying my view point that's all. Happy to be told I am mistaken here. New to this, certainly nothing to be taken as advice.

Pretty sure I'm saying the same thing @sidat1984 is saying, just in a different context?

Goodluck