GREY:NDXFF - Post by User
Post by
albertan32on May 13, 2010 1:28pm
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Post# 17095611
Coal Pricing
Coal Pricing
Walters is in the same area.
April 28 (Reuters) - Steelmaking coal producer Walter Energy Inc (WLT.N) posted first-quarter earnings that missed analysts' estimates as costs jumped 36 percent over last year.
The company said it expects increased earnings for the second quarter as it recently settled coking coal contracts totaling 1.7 million metric tons with prices at about $235 per metric ton.
Excerpt from report on Rosa Coal Mine
Table 25-1: Estimated Financial Summary per Ton– Rosa Mine
2010 2011 2012 2013
Production (Tons x 1000) 110 135 135 21
Sales Price ($ per Ton) 139.00 139.00 139.00 139.00
Total Cash Cost ($ per Ton) 65.91 49.22 49.44 61.34
Wonder how our pricing is looking forward hmmmmmm..?