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37
07/03/09
11:14
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What sort of margins do you think well have Vayama?
Mining costs of say $40/ tonne? It is opencut low overburden?
Sell price of $60 tonne which is under contract prices(65-70$) now is still $20 tonne profit?
And i think we can mine for less than $40 too imo.
Not sure what Coal prep plant there looking at but youd have to think it would be similar to Exarro's. So unsure of plant costs.
Yeah if they can get sales contracts and finance its write your own ticket here.
Is it selfish of me to want the financial crisis to drop the share price to around 10-15 cents?
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