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re: Ann: 101.2Mt Inferred Resource at Bunda... If my...

  1. samkos
    1,535 Posts.
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    24/03/14
    10:36
    Post #: 13164128
    re: Ann: 101.2Mt Inferred Resource at Bunda... If my calculations are correct and this deposit is a good quality hard coking coal then we are looking at approx. $14.5 billion dollars of coal.
    According to settlements Q1 2014 of $143/t.
    If it is thermal we are looking at approx $7.6 billion at $76/t.
    This is at a slump in price at the moment and has been for a little while.
    Looking forward to the results.
    Have a great day and a great week.


    FXR Price at posting: 1.7¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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