Thyshift,
Difference in price is an interesting question.
Price series data on coal (thermal).
http://www.indexmundi.com/commodities/?commodity=coal-australian&months=240
Have a look at the 10yr and longer series.
Coal has been over $55 UDS FOB Newcastle since early 2004. Mainly on Chinese demand. Prior to that, and for a long time it varied between 20-40 USD FOB Newcastle.
Now, how much is ESI going to cost, at port (i.e. FOB).
All AUD-
Interesting question. I could argue about $2.50 per raw tonne to dig up - LYA or IP Coal, Yallourn a little cheaper but not much).
Victorian Coal levy currently about $2 per raw tonne mined.
Assuming say $3 per raw tonne for LYA to sell it to ESI. (The La Trobe Valley power stations OWN their coal, unlike NSW or Qld. Sources - multiple, most recent, look at the announcements from Monash Energy and variations to the mine plans by Hazelwood) or ring the Company - LoyYang 03 51 73 2000, Hazelwood 03 51 35 5000.
Plus about IMO $5-9 per raw tonne to process (Thinking about 1.5-8 mtpa plant capacities)deduct for the sale of water, maybe product cost $25 per product tonne at plant. (Probably more)
Moving it to a Victorian Port?
Rail, today's infrastructure, EBrix briquettes used to cost $25 per tonne to move up to $1.5MT pa. Less now, as they truck it.
Plus handling at the port. ? $4-6, using similar costs to grain charges at Geelong.
So, IMO IMO IMO $55 AUD FOB Port Phillip or Geelong.
Would cost more if thru a new port and new rail spur to Hastings.
Assuming an $80c AUD USD, approx $45 USD FOB, allow 3-4 USD to move it to Newcastle latitude, approx $50 USD FOB.
All IMO risk is downside, in order,
- cost of moving it to port and
- cost of infrastructure for more than 1.5m tpa
- cost of production
could both get higher than estimates here.
So the price difference is (historically) negative, currently close, recent past profitable.
Choose your time period.
f111
Note: No ESI in portfolio, no intention to buy.
- Forums
- ASX - By Stock
- interesting
Thyshift,Difference in price is an interesting question.Price...
-
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.929M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $502 | 201.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
58 | 29728664 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 8862971 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
58 | 29728664 | 0.002 |
26 | 36036532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8862971 | 13 |
0.004 | 5910488 | 11 |
0.005 | 4265526 | 26 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 11.54am 26/08/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |