BTU bathurst resources limited

Hello,Can someone tell me why coking coal attracts such a...

  1. 1,858 Posts.
    Hello,

    Can someone tell me why coking coal attracts such a interest from investors compared to thermal?

    Bathhurst hope to prove up 60 - 90 mill tonnes which sells for approx double thermal coal.

    Take a company like Coalspur (cpl) who has 1.37 billion tonnes of thermal and its market cap per tonne is 50 cents approx, Bathhurst would have a per tonne price of multiple dollars at present?


    Just wondering why the huge interest in this project.

    I am a gr8 supporter of both.

    Cheers
 
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