EER 0.00% 3.6¢ east energy resources limited

Don't mean to be a killjoy but actually 20Mj/kg adb = 4775...

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    Don't mean to be a killjoy but actually 20Mj/kg adb = 4775 Kcal/kg adb. On an as received basis I would expect at 10% moisture = 4350 gar. This product would command 4350/6700 = 65% of Newcastle Benchmark price (US$90) => US$58.45

    I don't believe this coal could be landed FOB for this price, leave alone at a profit.

    Good place for a power station though!My opinion only, but not on my radar as an exporter.
 
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