Seems we barely need the announcement. But I am hoping and I stress it is Hope (with a capital H) for a bit of a surprise in the offtake announcement.
That being that such protracted negotiations between multiple parties, all bidding against each other, and the early benchmark set by Stemcor will yeild a substantially higher loan component and marginally better margins above queensland coking coal benchmarks.
If not, no foul. If yes, it will be a substantial plus not just in cash terms but in demonstrating to the market the hunger for our "Silk of Silks" to use a Hamish Bohannon term
Good luck to all and I wish I had a bit more patience
Viney
BTU Price at posting:
$1.14 Sentiment: Buy Disclosure: Held
