chip away, page-46

Have to agree Nihilism.

From August resource update, the average yield is around 52%, you will lose around another 5%-6% in production, So saleable ton yield maybe around 47%.

Raw CV value only 16.7MJ/KG (3988Kcal/kg), after washing, average CV is around 22.5MJ/KG (5373kcal/kg).

Strip ratio looks high, maybe around 10:1.

No rail network for export.

All these will make high cost for export, 5373kcal/kg currently spot price maybe around $70.

Looks like it can't make money from export, need coal price higher.

An option for NMR maybe local market.