So as we get up and mining and my vroker says the acces road is already complete. So all that is left is some local permitting that is already underway, some 6 to 8 weeks to finalisation and then we dig. simple open cast to begin with so a start date of Feb / March is my best guess
Overburden removal will probably continue into second qtr
But by Ist qtr of 2014/15 we should be producing around 500,000 TPA at a margin today of around $50. ($25m )
Add this to the expanded production out of Cascade and Takitumu of around 150,000 TPA of thermal coal at say $20 margin. ($3m )
And the new mine recently acquired could by this time adding another say 100,000 tonnes of thermal at once again say $20margins. ($2m)
So with no further interuptions by June next year we should be comfortably netting $30m PA. Should put things in good stead while we complete the whole of plateau plan before ramping up to 4 million tonnes per annum at todays margin of $50. Thats $80 PA from the coking coal alone at todays depressed prices.
And dont forget that Iron Ore shipments continue to surprise so that should underpin a bounce back in price for coking coal. especially our "silk of silks'
This is all of the cuff, so feel free to criticise if I am off the mark
Viney
- Forums
- ASX - By Stock
- BRL
- now for the hard work
now for the hard work
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
68.0¢ |
Change
-0.005(0.73%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
68.0¢ | 68.0¢ | 68.0¢ | $2.396K | 3.523K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6477 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.5¢ | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6477 | 0.680 |
1 | 4689 | 0.635 |
1 | 35 | 0.630 |
1 | 1180 | 0.600 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.685 | 1 | 1 |
0.690 | 3 | 1 |
0.695 | 1 | 1 |
0.700 | 8991 | 2 |
0.710 | 20689 | 1 |
Last trade - 15.38pm 17/09/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |