TPL 0.00% 0.3¢ tpl corporation limited

canning basin update, page-11

  1. 5,302 Posts.
    My opinion is Canning Basin is a distant long shot for Coal.

    Cost are too high unless a major spends billions on railroads and ports which ain't going to happen with average thermal coal.

    Shale Gas could be a punt in the Basin but not coal.

    Rey's costs are $70 a tonne. Add Carbon tax and MRRT tax down the track and economic just don't stand up.

    Worth a punt on Mongolia.


    cheers.

 
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