profit more than market cap, no brainer, page-32

Part of today's article "BHP warns of job losses in Australian coal mines" mentioned South African coal cost:

"Australia has become one of the highest-cost coal miners globally, matching the US and Russia with cash costs – to mine and move it to port – of $90-$100 a tonne for some mines, compared with $30-$50 in Indonesia and South Africa.

Labour inflation in Australia has spiralled, and the strength of the Australian dollar has intensified the squeeze on margins.

Average employee costs in Australian coal mining are over $100,000 a year, more than triple the cost in South Africa or Colombia. Benefits can include condominium-style mining camps and two-weeks-on 10-days-off rosters, with flights to exotic places like Bali thrown in."

Full article:
http://www.irishtimes.com/newspaper/finance/2012/0817/1224322323853.html