Can’t see it getting as far as the folk of Kingaroy
As an export project, its stranded and uneconomic, which is why it was attractive as a UCG project, still should be.
For captive domestic supply, a 5Mt, 30 year project is a bit of a stretch. Would expect cash operating costs of $35-45 /t depending on strip ratio and Capex say $45M. With revenue maybe $35-40/t at the power station, unless there is some v shallow coal, cant see where the return is for anyone other than dressing it for sale.
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Can’t see it getting as far as the folk of Kingaroy As an export...
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