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overdue for a rerating, page-27

  1. plough
    33,477 Posts.
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    21/11/12
    09:50
    Post #: 11087323
    from the presentation today it looks like the C1 OPEX costs are around $35 a ton and the price received at the border is about $37 a ton so virtually no profit margin.
    I am free carried but would have to say the latest presentation gives little hope that the mine will be developed.
    I didnt realise coal of this low quality was so cheap
    LVT Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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