NGF 0.00% 25.0¢ norton gold fields limited

Tomu, they should be able to mine it, rail it and load it on a...

  1. 139 Posts.
    Tomu, they should be able to mine it, rail it and load it on a boat for around $70US a tonne at the current fuel, tyre, wages etc prices. I'm working on $35 to get it on the train and a guess of $35 to rail it and put it on the boat. I will have to find out for sure what it really does cost for the rail and port side as it has been a few years now since I have heard any figures that I would be prepared to quote and it does vary greatly from mine to mine depending on what sort of deal they managed to strike with Queensland rail. For example I was working in a coal mine in 1996 that reckoned that they were paying $11 a tonne to QR and newer mines (post Joh Bejklie era) were on $5 a tonne. Coal was $26US a tonne then so they sacked the lot of us, 430 in one hit basicly.
 
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