GUJ is projecting to produce about 1MT/PA in 2007/2008 financial...

GUJ is projecting to produce about 1MT/PA in 2007/2008 financial year and projects to be producing about 4MT/PA by 2009.

Assuming they sell the coking coal at a conservative price of (AU)$127T, that equates to $127M in revenue by 2008 and upto $508M in revenue by 2009.

I read somewhere that the margins for producing coking coal is about 60%.

Hence, in 2008 the net cash flow will be about $76M and $304M by 2009.

They have also indicated that these mines will have a lifespan of between 15 and 25 years. Further, they also anticipate to carry out further exploration to upgrade their reserves...so these figures mentioned above are an absolute minimum.

Dont be surprised if GUJ declares dividends in the next couple of years.