ECT 0.00% 0.3¢ environmental clean technologies limited.

$1bn at risk if state does not release coal, page-18

  1. 5,890 Posts.
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    hello rupert 7c a ton for lignite,surely then an offer of $5 to $7 a ton in the mining boom was in accordance with the economic times.
    NOW economic slowdown , any new infrastructure and employment growth ,from major investment company TINCOM .Government may find the offer of 6 billion hard to refuse.
    May even get the coal for less than $1 per ton, BLACK COAL EXPORTABLE SUBSTITUTE AT LESS THAN $20 per ton,from Coldry?
    ECT should increase its royality fee.
    current spot price for black coal is over $60 per ton ,TINCOM are looking at some healthy margins.
    With IP finalised the ability to negotiate long term contracts with security of ownership of technology is a key milestone,.


 
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