scrap paper valuation, page-7

in general, expected to be about a 50/50 split or if you were looking worst case, you would do a 60/40 towards domestic.

CCC have alot of domestic quality coal.

In terms of margins the domestic (if looking worst case) would be a profit margin of 5 USD a tonne profit

Using these parameters will make for an absurdly low valuation for CCC by 2015 in its stable state, but will be interesting to see what numbers you come up with.

Ill muck around with some figures if I get a chance today.

My calculations are always very rough as I dont see any point in using calculations as anything more than to get a general 'feel' for what a company is worth. Too many assumptions about the future for it to give you a true dollar value.