bnd at $1,5 billion!!! eer???, page-9

for a 30mtpa mine
Say $1b mine costs + $1b rail extension = $2b capex(but watch this)

opex
Rail = 700km x $0.03c = $21.00
Mine = $5.00 (not including Capex, just mining the coal)
Port = $3.00 (will be cheaper though)
soft costs = $10.00 (finance, etc)
Total opex = $39.00 (not including royalties)

30mtpa mine
gross income (coal at $100) =$3b
Expense ($39.00 x 30m) =$1.17b
Net profit before tax =$1.83b

Best of all Noble can fund this whole thing of there balance sheet....