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
TVN Price at posting:
5.9¢ Sentiment: None Disclosure: Held