I'm afraid you're wrong on all accounts there buddyNO WHERE in...

I'm afraid you're wrong on all accounts there buddy

NO WHERE in NZ will you have 2.5bn tonnes in reserves
PRC has a maximum exploration potential of <60Mt

CAPEX of BTU is much lower due to Open Cut strip mining.

UG Hydro Mining also means PRC will have a lower recovery rate than BTU.

In all likelihood BTU will hit their production milestone much sooner.

Also you cannot say 7-10 years is uneconomical to run without a basic understanding of the economics of the mine

Premium Coking Coal, low CAPEX/OPEX, 1Mtpa, this is a cash machine with a very short payback and high IRR