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re: Ann: Lochinvar Coking Coal Project - LOI-... say 100mt at...

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  1. Kruiser
    4,921 Posts.
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    21/05/13
    19:49
    Post #: 11791832
    re: Ann: Lochinvar Coking Coal Project - LOI-... say 100mt at $0.50c/t, thats $50m or about 20c, probably not unreasonable given the benefits this project has relative to others

    certainly a lot of upside to that too. All hinges on coal quality though as that will determine if there is a market for their product. They seem confident it will stack up (even noticed exploration expenditure was classified as developement costs in the quarterly!)


    NAE Price at posting: 3.3¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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