bnd at $1,5 billion!!! eer???, page-14

EER's coal quality;
This is raw coal, not washed or dried and average over all core holes.
Specification Calorific Value: 5500kcal/kg
Total Moisture: 16%
Volatile Matter: 30%
Ash: 11.7%
Sulphur: 0.32%
(once washed and dried will be a lot better coal quality)

Phys NEWC coal specs below;
Specification Calorific Value: Basis 6,000 kcal/kg NCV (for indication purposes only, approximately 6,700 kcal/kg "gross air-dried"), minimum 5,850 NCV
Total Moisture: Maximum 15.0% (as received basis). *Typical: 10.0% (as received basis)
Volatile Matter: Minimum 27.0% and maximum 35.0% (as received basis)
Ash: Maximum 14.0% (as received basis). *Typical: 13.0% (as received basis)
Sulphur: Maximum 0.75% (as received basis). *Typical: 0.60% (as received basis)

http://www.globalcoal.com/scota/scotaSpecs.cfm#NEWC

EER has a Good quality export thermal coal, alot better then the stuff coming out of Indonesia.