Nice....
$.67 per resource tonne. Mainly coking coal, but it looks like the capital costs will be high, and getting it to market problematic.
Even if we say $.50c per tone for our anthracite (lower price than coking, but short development timeframe and limited logistical issues), it is clear we are massively undervalued on an asset valuation basis.
What will our asset valuation per tone be when we get into production?
http://in.reuters.com/article/2012/07/24/angloamerican-idINL6E8IOL9J20120724
anglo buys into mozambique coal project
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