RE: 389 Million Tons @$330/Ton
They need to pay for the 10 machines. I think only one is paid for and 2 have deposits on them. Don't know if they will get supplier financing on the machines - probably not.
Also need cash for railway to be built.
BTW - What will be payment terms on the overseas coal shipments- I assume wire payment on port shipment. This will help with cline cashflow ? Larger customers may get terms - don't know what is done in practice for coal - anyone know ??