Whether they manage to get a decent price AND term is yet to be seen.
IPL seem to have signed up at $10/gj for a couple years so they expect an easing in prices.
WCL will want a longer contract term and flexibility which will cost them something from the headline price but I expect them to sign somewhere around $8 minimum since this is a number attributed to them in the media.
WCL Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held