Ann: Execution of Short-Term Loan Agreement, page-8

Japan thermal price contract has been Set at $67 U.S. Per tonne, for the year

low cost coal producers with the help of the lower Australian dollar can still make good money at these levels

Quests"s moorlands project with its low strip ratio and large coal seams close to rail network will be cash flow positive even at $67 per tonne

The marginal operators will have to decide if they keep running at a loss or break even go into care and maintance which might have an effect on supply