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OMOLIVES

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OMOLIVES

Re: Ponch73 post# 154

Saturday, 04/22/2017 9:39:59 PM

Saturday, April 22, 2017 9:39:59 PM

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I am going to reply to most of those points....but first I need to mention my "cheat sheet" guidance. I refer back to the 2013 annual(MMC)...and average price of $147Mt for that year.

I also discount a rough 40% to any current bench price/average to get MMC's selling point on HCC.

I have one issue though....the washing of coking coal related to exports of washed HCC. It's not adding up...and I am getting very frustrated.

Now ...I am going to have a few drinks..etc...and hopefully reply to those numbered points individually......a little later.
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