Fundamentals appear to be there with low ash, low vol, high strength HCC deposits identified through drilling done to date.
The most positive element however is the proxmity to port and wothe worlds steelmakers this is something that has plagued and will continue to plague other coking coal deposits such as those found in the Moatize basin (Mozambique), Bowen Basin (Aust), and Tavan Tolgi (Mongolia). In "theory" if Amman turns out to be benchmark HCC desposit they should have a $20-30 freight advantage over most others in the market.
The good news is that this should convert straight to the bottom line.
Fundamentals appear to be there with low ash, low vol, high...
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