NMR 3.03% 3.2¢ native mineral resources holdings limited

chip away, page-40

  1. 10,867 Posts.
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    Denial,

    Why would this coal be attractive to a Steel conglomerate?

    Furthermore.. given the low yield, underground nature of the deposit (seam 4 only) why would this be low opex? Even the MD has stated before that costs would be mid-range along the coal curve.

    Cheers,

    N

    P.S. JML good point about Chris, agree completely.
 
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