whats the in ground value of coal in queensland?
SMR 300 mt market cap $105 mil, thermal (220 mt) soft coking (80 mt)
so i am guessing around $0.30 but i know in a AFR presentation they value there coal at a minimum of $0.30 as this is what a nearby deposit in Botswanna sold for. the commercial scale was huge in comparison.
I think $0.40 sounds about right for queensland, thought people?
the newest significant coal discovery in qld , page-10
Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##