Roo roo...
I work in the coal industry in indonesia and you certainly have these figures wrong. I don't know of a single coal mine in the world who's operational costs per tonne would be low enough to sell coal for $9 per tonne and not loose substancial amounts of money. Sub Bit C will sell for somewhere around US$50 per tonne out of indonesia with the likely market being India.
I am unsure of the price PT Bayan will get after the upgrade.. these figures would be nice as this would give an indication of the value of whites technology. but white is being awfully quiet about that.
It would be nice if white said.. mining costs = ~ $30 per tonne, upgrade costs $10.... expected sale price before upgrade = 50... expected price after upgrade = $70...
Profit before upgrade = $10 per tonne....
profit after upgrade = $30 per tonne..... something like this would be nice.
dave. tec and roo, page-11
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