chart looking good?, page-3

  1. 3,914 Posts.
    All depends on the coal price, their estimate is that production cost will break even at 76 CAD, however, coal price is currently only at 66 CAD per tonne (from a peak of 140 a few years ago). So no-one is willing to fund the mine development, if coal price gets to 100 CAD and stays there, I think you will see some action.

    Given then with a 24 CAD profit per tonne, with a 2Mt coal production per year, that will be a profit of 48M CAD.
 
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