GREY:NDXFF - Post by User
Comment by
Bobwinson Feb 18, 2010 3:54pm
293 Views
Post# 16797158
RE: RE: RE: Ready for...
RE: RE: RE: Ready for...Thanks for mentioning this stock on Energy Prospectus. I also own NAG.v but took a look and liked this one better because they are mining met coal only and have a bigger reserve. I emailed IR and asked a few questions.
Some probably already know the answers but here they are in case there are other newbies like me.
Estimated cost per ton..... $60/ton. Estimating $150/ton sales price
Estimated time to positive cashflow... 6 months
Start production in March 2010.
Staff is already hired and equipmet in on site ready to go.