I found this PDF it had some coal prices. lower ash Australian semi soft was going for around $88, maybe UNV could get $80? Anyone good at comparing the coal quality and prices care to comment?
https://www.platts.com/IM.Platts.Content/ProductsServices/Products/plattssbbsteeldaily.pdf
The weighted average coking coal yield (at RD1.40) for all the coal plies combined, obtained from the large diameter drilling from this area is 18.8%, compared to 13.8% for the slim diameter drilling...
Detailed analyses conducted on samples obtained during the 2011 and 2012 large diameter drilling programmes indicate that the Berenice coking coal could be classed as a medium ash (9.5%-10.5%), medium rank C, high vitrinite (82-85%) soft coking coal (according to ISO 11760: 2005 Classification of Coal by Rank) with high volatile content (+34% vols.), good caking properties (FSI (5-9), Roga (77-92), Grey King (G8-G11)) and high Fluidity (± 20,000ddpm).
Wash simulations indicate that the coal plies can yield 28.5% (weighted average over all plies at RD1.80) thermal coal as a secondary product with a calorific value of 22.3 MJ/kg (ad basis) and a volatile matter content of 28.6%. Higher quality thermal coal can be produced as a by-product but at lower yields.
The nearest accessible railway siding is at Waterpoort, approximately 30km south-east.
www.coalofafrica.com/investors-and-media/.../Gemecs_berenice_cygnus_cpr.pdf
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