FXR 0.00% 0.2¢ fox resources limited

re: Ann: 101.2Mt Inferred Resource at Bunda... If my...

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  1. 1,361 Posts.
    re: Ann: 101.2Mt Inferred Resource at Bunda... If my calculations are correct and this deposit is a good quality hard coking coal then we are looking at approx. $14.5 billion dollars of coal.
    According to settlements Q1 2014 of $143/t.
    If it is thermal we are looking at approx $7.6 billion at $76/t.
    This is at a slump in price at the moment and has been for a little while.
    Looking forward to the results.
    Have a great day and a great week.


 
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