With a cash positive margin of $9 to $11 per tonne and 125,000t per month that is a profit ranging around $15m pa. That's at the bottom of the price cycle (and we are already seeing hints of improvement). We should get a capex of over $100m and sp of 10c. That's what we came to see....
Ann: Ramp up of Coal Volumes Forecast for BNU Mine, page-2
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