OK Here goes
Assumed coal price of US$250 till 2012 dropping to US$95 thereafter.
Production to commence 2010.
Extraction costs at US$30 p/t
no change to AUD/USD
15mt pa production
= DCF of A$6.7b
or $9.05 FAIR DINKUM !
I compared these numbers to a research report from CS for another coal stock and they roughly fit.
CDS
comdek limited.
