Reduced haulage costs30 Nov 2018 17:57
Could be a big factor here ,as it chews up a fair size of the sale price !
Andrew Bell, Regency Chairman, comments: "MET faced some maintenance and availability problems in September, and third party sales still require to be built up to the planned levels. However these issues have been promptly addressed and despite a planned 12 day downtime for one of the two high wall miners as it is moved to a new location, we expect October and November sales to revert to planned levels. Revenues per ton sold are improving and we expect this trend to continue.
At the new location, we have the option to introduce a second shift as demand builds. The new location also offers reduced haulage costs to its key customers.