But by Ist qtr of 2014/15 we should be producing around 500,000 TPA at a margin today of around $50. ($25m )
Op costs US110/120 first 2 yrs coking coal US140/145 per ton
margin of approx US30 per ton. Of course could have risen by next year. Wait and see what happens to the NZ$ and the US debt ceiling fiasco.
See Whitehaven selling semi soft coking coal US102/103 per ton
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But by Ist qtr of 2014/15 we should be producing around 500,000...
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