Another way to proximate sp value is to imput 75c-1.00 per tonne in the ground for semi-soft coking coal ..after initial JORC resource statement Q2 2012 ..
Further if the resource is > 250Mtt there might be a price premium to reflect efficiencies of scale with Teeg & Neriin Teeg licenses.
A colleague of mine called to tell me that he knew a local geo who has seen data collected in the 1960's by a Russian geological survey team in this area [could be from Bayanteeg mine area:http://www.globalmethane.org/documents/events_coal_20100830_tumurbaatar.pdf see slide 6] .The data suggests that he wouldn't be surprised if a much larger resource exists in the environs [hopefully to include DRG's licenses]..we should have some indication by Easter.
Another way to proximate sp value is to imput 75c-1.00 per tonne...
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