AVX 0.00% 2.5¢ avexa limited

Cash from 1st coal sales, page-11

  1. 17 Posts.
    Can anyone help me with the following questions?

    1) Now that they have started producing, what are their ACTUAL production costs?

    2) What type of Metallurgical Coal do they produce? I dont know anything about the US coal market but in Australia a premium, low volatile Hard Coking Coal currently sells for up to $100USD whereas a Semi Soft fetches closer to $75USD.

    3) The above prices are Free On Board meaning that you have to factor in the transport costs from the mine to port plus handling costs etc etc on top of their production costs. Have they published their transport costs or do they intend to sell mine gate?

    4) On dec 15, 2014 they announced they had secured a sales contract for 100,000 tons - They stated the terms are confidential but have they disclosed anywhere the actual sale price and/or what type of coal they are selling? i.e Hard Coking coal, Semi Soft etc etc

    Have only just started looking at the company and am trying to work out if its worth a punt….
 
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