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.
- Forums
- ASX - By Stock
- chip away
Have to agree Nihilism. From August resource update, the average...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMR (ASX) to my watchlist