IKW ikwezi mining limited
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hate to be thermal unless you are low cost

  1. devostrikesback
    164 Posts.
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    11/05/13
    14:25
    Post #: 11751889
    From the AFR...less than 1/5th can produce at $60 a tonne in Australia...only way to make money is ship as much as you can...means the big guys will ramp up to reduce costs on their low cost mines...pricing outlook for thermal not looking good.

    Likewise, for coking, future is not rosy, but far less risk than thermal.

    Just out of interest what is IKW's cost FOB/tonne?
    IKW Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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