COK cockatoo coal limited

Relieved with what's been put out lately. I was on the...

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    Relieved with what's been put out lately. I was on the assumption that the expansion would cost between $400-$500m on a 100% basis, recently I've been having nightmares that it'd be jacked up to $600m :(

    Current FOB costs are $100/t at a 1mtpa run rate, so I think there's scope to lower the expansion FOB costs further. A few projects in the region have been put on the backburner now and some mines closed, so I think there's a good change that capex and opex costs can be reduced.
 
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