CLD says it has committed to sell 78M tons in FY 2015 from its three mines, nearly all committed under fixed-price contracts with a weighted-average price of $12.73/ton, has committed to sell 67M tons for 2016, of which 57M tons are under fixed-price contracts with a weighted-average price of $12.95/ton, and has committed to sell 40M tons for 2017, of which 29M tons are under fixed-price contracts with a weighted-average price of $13.14/ton.
CLD sees FY 2015 total shipments of 75M-77M tons, and adjusted EBITDA of $115M-$135M.
Purely My Own Opinion. Do Your Own Due Diligence.
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