RE: S/PIn this market? Somewhere around $1.50 for the first 500,000 tones and then anywhere between $4 and $10 if they can reach 3,000,000 tones annually.
Problem is I am not sure the mine will ever open (no matter what Alanna says) as the steel companies are slowing down which will push the price of met & coking coal down also. It may not be feasable to open the mine if prices drop drastically which i think they will.
There is no hope in H$ll that Cline will get financing to get the mine into production in one swoop these days.