LNC linc energy ltd
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teresa is not for sale at the moment, page-6

  1. Valin
    6,072 Posts.
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    17/04/12
    19:50
    Post #: 9994785
    profitmann,

    Bandanna quote that (CAPEX) developing an underground longwall operation (Springsure Creek) is $800 million (6Mtpa operation)

    Carabella Resources quote that (CAPEX) developing an underground longwall operation (Grosvenor West) is $830 million (5Mtpa operation)

    Not sure where you plucked $250 - $300 million from. Seems way too cheap.

    LNC Price at posting: $1.11 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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