"It might get $35/t."
Mining cost is $20/t (June 24 ann), transport cost is $14/t (June quarterly), handling fee $10/t (estimate), royalty 5% and nothing for the bottom line. And we wonder why Peabody stopped mining on an adjacent lease.
From memory, I have come across HUN using a higher sale price say $50/t, but the EBITDA margin remains very thin and very price sensitive.