They call the project Pit to Plug (usually Pit to Port) as they supply coal to their own power stations in India. I have worked on project and it has to have AUD 72 FOB cost to breakeven.
With current price at USD 95 (about AUD 120) the first year would be a boomer!! We were supposed to be operating this year but greenies cruelled project at every turn. Cost me my job as it did 300 engineers on that fatal day!
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They call the project Pit to Plug (usually Pit to Port) as they...
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