LNY
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0.00% 0.6¢ laneway resources ltd

Morning towie, Coking coal product equivalent to premium Bowen...

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  1. dugsab
    1,991 Posts.
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    31/10/17
    07:27
    Post #: 28335099
    Morning towie,

    Coking coal product equivalent to premium Bowen Basin coals is selling at $US200 per tonne ($AUS260/tonne).

    13mt x $260/t = $3.38bil gross

    reimbursement payment for the asset - $375,000

    Funds raised - $363,050

    Dilution for most SH's - less than 1%
    LNY Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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