BRL 3.31% 78.0¢ bathurst resources limited.

Is coking coal still selling for us $200.Although we are sitting...

  1. 71 Posts.
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    Is coking coal still selling for us $200.Although we are sitting on a good product it is a big risk sitting on a small coal company that's only interest is selling coal when much Larger companies start to compete for market share in the future. China are starting to go real green and in the past year have been increasing coal from Mongolia i and less from australia. When one look's at aspire in Mongolia they are looking at producing 10ml tonne coking coal a year and they plan to rail the product straight into China and they are just one company. Coal shipped there cost's roughly $25 US from port to mill so i would have thought railing it in would make sense from an economic and green view, and possibly put pressure on shipping coal there price wise ( just a thought) Danny/22
 
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