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REY released a BFS on their thermal coal project today....

  1. plough
    23,765 Posts.
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    27/06/11
    11:45
    Post #: 8591160
    REY released a BFS on their thermal coal project today.
    expecting prodn in 2013 resource 305MT selling 2.5MTPA
    5500kcal/kg so lower energy than TVN coal CAPEX $200M operating costs $70 a ton expecting to sell for $100 a ton company cap $84M
    NPV $176M

    Would think TVN will have a far lower capex guessing $80M and lower OPEX as no port needed and maybe simpler dragline/shovel type mining.
    TVN Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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