reply from ceo, page-14

Hi psi81

Thanks for all of your insightful information.

You made the comment earlier in this series of posts:

"Will there be a viable project? Probably. As he said, $14/t shipping, $10-20 mining = $24 to $34 opex costs. If they can get $35-40/t for it they will be making a similar or better margin to CCC or other domestic coal producers?"

If we took your mid-point opex cost estimates of $29/t and your midpoint sale price of say $37.50/t, it leaves a margin of $8.50/t of profit (although it could be as high as $16/t).

Based on your most recent post, you suggested that your rough calculation showed that there might be 500-800Mt of coal. A mid-point here would be 650Mt.

Any thoughts on how these key estimated numbers could translate to a market cap?

Thanks