mushrooms??, page-59

It makes economic sense to build a 4 mtpa plant now ,while the cost of black coking coal is over $200 per ton,
4 fold difference in price at the moment regarding cost of coldry to coking coal., and estimates in coking coal expected to rise in the following 2 to 5 years due to demand.
Why wait another 2 to 3 years to upscale plant when the profits made now, can pay for the upscale to 4 mtpa.
Feasibility is about infrastructure and port access, all these are under government agenda to be expanded.
ARUP proved commercial viability and scale up capacity,obviously Tincom have confidence in report otherwise would never have proceeded to this stage.
Excellent news alright ,just need confirmation.
sp going down ,opportunity to aquire more IMHO.