I believe it equates to around $8 per resource tonne. Keep in mind that this is for PCI coal used for steel making which is roughly twice the price of thermal coal.
So the metrics convert back to around $4 per resource tonne for thermal coal. CPL current value per resource tonne is approx 80c per tonne.
Mind you Western Coal are producers, but even with the NPV discount CPL still looks undervalued.
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I believe it equates to around $8 per resource tonne. Keep in...
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