I posted this on the STT thread last night: just a text grab-...

I posted this on the STT thread last night:

just a text grab- from the recent scoping study shows that at $200 per tonne the NPV is a staggering $670m

HCC Price
120 130 140 150 160 170 180 190 200

NPV
140 210 270 340 410 470 540 600 670

Then the exchange rate change from 2014 to 2017:

GBP : AUD
in 2014 =1.82
in 2017 = 1.63
GBP : USD
In 2014 = 1.69
In 2017 = 1.25
reduces Capex down to 228m

That gives a nice NPV/Capex of around 3.
Now at $250 per tonne NPV would be, at a guess around $1.1billion
so our NPV/Capex would be more like 5!

all in $USD by the way