Roughie, Salty, folks
What kind of margin do you think Bengalla has been operating at for the past six months?
I was under the impression that WHC produces thermal coal at AUD $56 tonne all in costs. (no source).
Bengalla may have similar costs of production. It was profitable when the price of thermal coal was USD $55 /AUD $75 at the time of purchase.
With a margin of AUD $40-50 tonne, that $35-45M a Qtr from Bengalla.
I also think NHC will perform well this year.
They must also be also close to mining approval and FID for Colton Met.
Roughie, Salty, folks What kind of margin do you think Bengalla...
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