environmental approval granted, page-6

SRK's FS had selling price at US$55/mt. "FOB"

Then we have this 12th Jan.
http://steelguru.com/news/index/MTI4NDQ5/Steam_coal_price_touches_USD_100_FOB_on_Chinese_demand.html

Inpart: A parcel of Australian coal traded at USD 100 per tonne FOB Newcastle port on globalCOAL, the first trade at USD 100 since November 2008, while the globalCOAL Newcastle weekly index has also risen to a fresh 14 month high of USD 95.23 per tonne.

And this: 15th Jan.
http://news.alibaba.com/article/detail/metalworking/100233110-1-prices-coal-other-bulk-commodities.html

Inpart:This week, affected by the increasing demand and the tight supply, the spot price of steam coal climbed to U.S.$105 per ton in Australian market, recorded high since November of 2008.

Many more such articles

If this continues their coal assets could be a better earner than forecast