Let me categorically state that the $90-$120/t DOES NOT INCLUDE performance payments or depreciation/amortisation (i.e. expensing capital costs). It is a cash cost.
(Denial - thanks for including literature and you are right it's flexible yet quite convoluted. There are two ongoing streams to L&M; the performance payments (2x$40m) and a LOM variable levy @ 10% of gross revenue and below. Unfortunately if you sell coal FOB, then transport costs/demurrage etc are included in that levy calculation...)
To give you an idea of delivered production costs, current ops are loss making on coal price of $130-$150/t (domestic). Obviously there are no performance payments associated (however GST is levied on domestic sales, but this would amount to only roughly 7.5% if we assume wages and other non GST inputs are roughly 50% of production costs).
Bathurst is now a domestic coal producer for the next X years.
There is not enough room for four domestic coal producers/traders (Solid, Taylors, Glencoal & Bathurst) on one little island. If I were going to invest in a domestic coal producer I would look for a) government support, and/or b) small overheads, and/or c) diversified customer base. Bathurst has none of these.
If I were Solid I would be undercutting the sh*t out of Bathurst right now.
- Forums
- ASX - By Stock
- BRL
- time to earn your keep guys
time to earn your keep guys, page-32
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
|
|||||
Last
76.5¢ |
Change
0.025(3.38%) |
Mkt cap ! $146.3M |
Open | High | Low | Value | Volume |
74.0¢ | 76.5¢ | 74.0¢ | $39.07K | 52.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37000 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 37210 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 37000 | 0.710 |
1 | 4581 | 0.650 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 37210 | 1 |
0.785 | 34222 | 1 |
0.820 | 2550 | 1 |
0.825 | 19408 | 1 |
0.835 | 14031 | 1 |
Last trade - 14.59pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
BRL (ASX) Chart |