• Net bunker cost in 4Q USD 400 per tonne before hedging vs USD 382 in 3Q • USD125 mill in net book value gains in Odfjell Terminals the main adjustment in our operating cash flow • USD mill relates to cash dividend from Odfjell Terminals related to sale of Singapore terminal Financials Cash flow Odfjell
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Get PriceSubstantially all operating costs are Canadian dollar denominated Given the exchange rate used in the PEA was CAD$1 = USD$ the Company has seen a corresponding increase in the capital expenditures of the project for those components quoted in US dollars but is more than offset by the benefit realized through the conversion of the US
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