RE: RE: RE: RE: RE: Poor investors !!I think the other person had it right:
Sales Price per ton as of today: $58
Contract Price of each ton mined $40
Revenue is $18
Legitmate other costs are NAG Management cost, transportation once its on the truck and the cost of the lease. Profit could rise if coal prices continue to rise but what happens if it drops - this is the dilema of a PRODUCER. There are no guarantees but as I said earlier, it is much better than we were last week.
Seems to me that the question is how quickly production can get to that 20,000 tons per month, if ever.