update: igv $150b vs mc $63m, page-47

burdenboy,
"So, what would our profit before tax be? $10/tonne or $20/t or more?"

I'll have a very basic go at it, please add if you can.
OPEX
700km x 0.04c = $28.00 per tonne
(to get the coal to Abbott point)
Mining cost = $10.00 per tonne
(remembering waratah will mine at $7.00 per tonne at 60m depths)
Port = $5.00 per tonne
other costs = $20.00 per tonne
(finance cost, royalties etc)

total = $63.00 per tonne

Current spot price = $123.30

Gross profit = $60.00 per tonne

Nice aye, can this be right?