Thanks PSI for your thoughts.
I note that the TVN comparison against peers is on an adb basis and the coal quality looks comparable.
Following on from that the mkt cap/resource value of competitors doesn't appear to get below $0.2/tonne (but as you point out can get upto a $1/tonne for high quality coking).
Do you know at what depth open pit mining is no longer feasible?
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Last
6.0¢ |
Change
0.007(13.2%) |
Mkt cap ! $84.63M |
Open | High | Low | Value | Volume |
5.5¢ | 6.0¢ | 5.5¢ | $267.7K | 4.724M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 57701 | 2 |
Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
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