$60/t is way too low.KRB has costs around $125/t for their...

$60/t is way too low.

KRB has costs around $125/t for their proposed 600 000t/pa DSO operation. And they have a gas line running right next to them and can practically see the rail head. Its 120km to rail for NUP!

Although KRBs DSO stuff is a bit deeper than NUPs I think.

NUP only looks to be trying a 200 000t/pa DSO operation so this low output will further put pressure on the cost per tonne.

Any DSO operation wouldn't have a lot of margin I would say.

I dont own shares in either KRB or NUP.