RE: 21 days from 17th December23 Dec 2018 12:54
TaffEvans - the price is NOT for mined coal but PROCESSED coal.
If the Monthly mined coal is 10K tons, the processed output will be ANYTHING!!!!
From RNS 17th December 2018
From 17 September 2018 (the date of the previous production update) to 11 December 2018 approximate numbers show that Edenville has processed 26,659 tonnes of ROM coal, producing 6,647 tonnes of washed coal and 13,022 tonnes of fine coal. 4,655 tonnes have been sold and shipped, the majority being washed coal.
This equates to an average daily (calculated on a calendar day basis) throughput of ROM coal of 310 tonnes per day from 17 September 2018 to 11 December 2018 and average daily sale shipments of 54 tonnes.
54 tons per day equates to somewhere between $5.4K - $13.5K per day or $151.2K - $405K per month (using RS's figure of $10 - $25 per ton.
The above production numbers are unaudited and may be subject to variations upon plant and mine reconciliation.