and open pit coking coal would not be for sale to a minnow like us.... underground with the ability to mechanise and increase mine productivity would see this go through the roof.
check out the slide with the picture of a guy with a pick, next to a picture of a fan-dangled mining machine. Add to that they are only digging a couple hundred metres currently and with modern mining techniques, you could follow any coal seams down 5-6-700 metres increasing the reserves/mine life/NPV...
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Open | High | Low | Value | Volume |
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43 | 29953220 | 0.003 |
20 | 27162599 | 0.002 |
11 | 41800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 10411140 | 10 |
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