re: Ann: Lochinvar Coking Coal Project - LOI-... say 100mt at $0.50c/t, thats $50m or about 20c, probably not unreasonable given the benefits this project has relative to others
certainly a lot of upside to that too. All hinges on coal quality though as that will determine if there is a market for their product. They seem confident it will stack up (even noticed exploration expenditure was classified as developement costs in the quarterly!)
Ann: Lochinvar Coking Coal Project - LOI-001 Raw , page-18
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