AKM 0.00% 21.5¢ aspire mining limited

one of my concerns with the project was the purchasing power...

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    one of my concerns with the project was the purchasing power that China might have over coals from Mongolia since they only have one country to sell to. However in the last presentation from Aspire Sam showed the following comparison showing that they are getting over 2200cny for fat washed coking coal in Feb24. That is circa $300 usd /t. From the pfs, for every $10usd a tonne over $150, it adds $18.8m to the npv10. These figures might be downgraded in the BFS. I've topped up some more last week. GLTAH

    https://hotcopper.com.au/data/attachments/6166/6166369-a564ce8b9bd0aa6fe230fe06db077775.jpg
    Last edited by hoodle: 13/05/24
 
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