JSW wants full takeover, page-14

Just went through the Jan Karski PFS and most recent investor presentations. Looks like the expected product mix and coal quality expectations have improved since the PFS. Product mix weighted pricing expectation was done at $77-$80T in PFS, current pricing is at approx $115T (plus additional quality premium)
Running the current figures through have roughly $600m EBITDA from Jan Karski and $385m on Debiensko. Factoring in transport add backs etc. Would be close to EBITDA of $1.4b at current prices.

Forcast prices have also improved significantly since the PFS was done(Page 12) Running the figures on current forecast prices could add 30-40% upside to the NPV on my guess.

Yeatesy.