big chat doing the rounds, page-6

Thats awesome Jettison.

Thank very much for the breakdown on the numbers there!

See, I'm no good at that stuff.
I looked at the content of the coal (ie ash, etc) but am not sure what makes good thermal coal compared to less than good thermal coal.

My net is capped at the moment so looking stuff up isn't much of an option right now :/

I reckon it must be a low strip ratio to get the coal? if any at all? (with the "mini mine" conception)
Again I can't look up the latest maps to see.

What price would ATQ sell their coal at? Or would they likly just take off takes from companies? I wonder what price they would use.

I see Aus thermal coal at about $104ish.

I'd be happy with 60c :)

News might come in time to ride the coal wave thanks to the current bidding war for rival coal companies.

For what its worth,
The last time I noticed buying like this was when NGE was at 10c.
Constant buying before a breakout. Thats why I backed my thoughts with cash at 16c the other week.
I could always be wrong too...lord only knows I still hold some major losses.
But I'm really enjoying the thought of being right LOL!:)

Thx again Jett