Thanks rolf2903 very useful. I am assuming port and rail charges are in the OPEX. So say 15% uplift on $60/tonne that works out to be $70/tonne and say they get an average price of $80 per tonne and spend no money on capex - which would mean they production will dimished signifcantly but they probablly operating signficantly lower that full production . That will leave $10/tonne to cover interest payments, overhead and etc. It could work.. only risk if you get sustained low coking price for a long period of time, then this company is stuffed.
BTW like Stanmore they will be squeezing their contractors and every costs out of the operation.
RRP Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
