TerraCom Limited Provides Sales Forecast for September 2018; Provides Sales Results for the Quarter of June 2018
For the quarter of June 2018, Coal sales for the June 2018 quarter totaling 384,672 tonnes against a forecast of 462,000 tonnes. The Company advises that due to supply chain delays during the quarter that its final shipment has been delayed to the first week of July. The average sale price achieved for the quarter was in line with forecast at AUD 102 per tonne; as well as, the Company achieved the margin as previously forecasted of AUD 42 per sales tonne.