The info is in the screenshot I attached... $1,114,000 margin from loading a total of 106kT = $10.5/t loaded onto trains... They must have accounted the gain on coal delivered not coal loaded, if you calculate on coal received $1,114,000 / 190kT = $5.86/t - which is closer to your number....
I didn't ever re-check this, just regurgitated info from a post of mine from earlier in the year from the TER thread... Still haven't checked Stanmore reports, but would seem you are correct.
Based on an average CPP operating cost of $4-$10/t + margin + TLO costs, I still think ~$15/t (or more) is going to be ballpark correct for the toll wash agreement. Which was the intent of my original post.
B2Y Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
