Moolarben in NSW, has yet to get a go ahead from the NSW., State Government. If all goes well, then mining will start, at the open-cut mine, in 2008.
The mine will produce 4 million tonnes per annum (mtpa), building up to 6 mtpa. The mine life is about 40 years with production at 6 mtpa.
The cost of developing the mine was raised by a sale of 49% of the Yarabbee Mine and 19% of Minerva and Athena.
Moolarben is a low-cost production mine at around Aus$30 per tonne. The price of its coal, Thermal coal, is priced at around US$54 per tonne. At full open-cut capacity, 6 mtpa, profit would be about Aus$230 million per annum (A$1.26 to US$). ( Profit would vary on costs ( plus any demurrage costs ), coal price obtained, and exchange rates.
The Moolarben Longwall Mine will add a further 4 mtpa at full production and that should be reached in 2010.
- Forums
- ASX - By Stock
- FLX
- value of moolarben
value of moolarben
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FLX (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.85M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 0.190 |
1 | 25000 | 0.175 |
3 | 23959 | 0.170 |
1 | 11262 | 0.165 |
1 | 25000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 10000 | 1 |
0.210 | 30000 | 1 |
0.215 | 30000 | 1 |
0.220 | 8337 | 1 |
0.225 | 30000 | 1 |
Last trade - 16.12pm 04/09/2024 (20 minute delay) ? |
Featured News
FLX (ASX) Chart |
Day chart unavailable