Adam and coal extraction cost25 May 2022 10:50
When did he say that the will make $100/ ton clean coal?
i thought it was when met was about $250/ton
That would imply a cost to extrac of about $150
This would tie in with the mine being profitable at the long term avrage price of met coal.
this also gives us a profit now of over $300/ton
Also if long term we are selling 65% of dug coal rather than 50% margin could be higher
IMHO