The thread here is 'India' it would be good if we could continue with our research and get this thing moving forward
2 million ton Coldry plant in India has far greater financial prospects than export from Australia.
Margins and continual demand for coal in India would underpin the backing of COLDRY.
http://in.reuters.com/article/2014/01/22/india-coal-imports-idINL3N0KV2SD20140122
Current price of thermal coal with a calorific value exceeding 5800 At $77 per ton a BCE product out of Victoria shipped to Asia / India would not be commercially viable or possible with current infrastructure.
Shanghia Electric will have to wait a long time before a return on investment is cash flow positive.
But the incentive of accessing billions of tons of lignite and over 200 years of an energy resource fits into the Chinese COMMERCIAL mentality of planning ahead.
In India profit margins on Coldry BCE pellet if produced under $30 per ton ,presents a return on investment on a BCE COLDRY commercial plant of 2 million tons within 5 years.
ALL IMO please do own research.
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