In fairness to my projection, the company did earn about $25/share on my mistaken input of 16 million shares, but they allocated some excess dividend cash to asset retirement.
The point is that Q3 met coal sales pricing should be around the ballpark as Q2, or about $400 million in net income.
Recall this is half of the company’s distributable cash flows, which annualized is about 27% of the current share price (US$115/share).