daytraders after market lounge 30th jan 2013, page-26

Burnett here is a VERY simple back of envelope calc... limited benefit without knowing capex/opex though...

It's just a conceptual target, of 30 million to 140 million tonnes. Some thermal, some semi-soft coking.

Doubt very much they would, in reality, have a 140 mt coal deposit.

I'm going to use 60mt; double the low end estimate and also their estimated quantity of semi-soft coking coal should the entire resource be 140mt.

I'm being very generous by using the semi-soft coking coal price as it's usually about 50% dearer than thermal coal.

60 million tonnes of semi-soft times $125 per tonne (not the exact current price but my guestimate of price over the next 24 months) = ... ermm...

$7.5 billion dollars. Minus capex and opex of ??