Hi Badvibes,
If the coal from this mine can't be sold, then I guess the decision whether or not to buy this mine is a no brainer. Does your source tell you if the current owner is selling this coal to anyone, either locally or overseas? Or what the energy value of the coal is?
I do know that there is high energy coal mined in Sumatra as well as low energy coal. I have always assumed that ADD would not be wanting to buy a project which produced low energy unsaleable coal.
The current production of Sumatran Coal is as follows.
Lignite (brown coal) 59%
Sub Bitumous 27%
Anthracite & Bitumous 14%
I know that India produces a lot of Lignite and they import Sub Bitumous and Bitumous coal to blend with their local product to produce more energy. I also know that Sumatran coal has energy values ranging up to 6300KCal/Kg. Whereas the Indian and Sumatran Lignite is only 3000-3500 KCal/Kg.
I don't know what the coal energy values are in this particular mine. But Sumatran coal is not all low quality.
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Hi Badvibes,If the coal from this mine can't be sold, then I...
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0.4¢ |
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Mkt cap ! $4.240M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $739 | 225.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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17 | 10291060 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 21472528 | 11 |
View Market Depth
No. | Vol. | Price($) |
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17 | 10291060 | 0.003 |
38 | 40120277 | 0.002 |
21 | 29365100 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 21472528 | 11 |
0.005 | 3397005 | 6 |
0.006 | 3656816 | 4 |
0.007 | 12409536 | 9 |
0.008 | 1820001 | 5 |
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