Danger Will Robertson!, page-28

Samson,

KML do not receive the price that guennadi is listing. As you have mentioned, it is related to the Platts IODEX 65% plus a slight premium. Price is listed below, hopefully this helps clear up the other confusing data. It is $10-12 less than guennadis data. Getting better but Gibbo77 is also right, this is the price paid at the port, all shipping and handling costs (CFR costs) still have to be considered as well as debt interest, corporate admin etc. I still reckon the C1 cash are just way too high and we honestly need about $100/tonne for this puppy to be profitable per ton.