Given that most of the production will now be washed coking coal, selling at about A$360 ton, and costs something like $170-180 ton before royalties etc. the margin will be $150-$180/ton for bulk of production. These are not steaming coal mines. A minority produced, but depends what is dug up. I'm estimating about $50m a month net before imposts. .
BCB Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
