ok. 800m shares right. 8/9 years of mine life at BA not factoring SA nor other licenses for mining ground here in OZ.
So BA only 8 x $300 AUD Av per tone. Say 25 million tones left. = $7.5b reason to buy us out and sell to the market collecting that kind of cash along the way. And they get it for circa $1.2b so that’s about $6.2b but ok I hear you say. “What if coal drops below $300 so half the number. It’s still $3.1b upside. So does that provide you an answer.
other reason could be to supply a number of power plants for a single country for 8 plus years and they get it as a constant supply?
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Price($) | Vol. | No. |
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