RE:Culpricity- I THINK THE SHIP HAS TURNED FINALLYWe might grow older. Important to be healthy now. Nobody knows anything for certain other than impending death. I have said it before and I will say it again.
In my little fantasy world I see this Donkin mine going to at least 6 million tonnes a year- there are 450 million tonnes so it would take 150 years to get it out at 3 million tonnes. In fact the NS govt Devco figured there was 2 billion tonnes down there.
But lets say 6. Lets say 4.5 met and 1.5 thermal. Thermal at 60 bucks to NSPI with sulfur scrubbers and 4.5 to SHCC. Long term price 105usd which will be about 140 gross with the next 8 years of sunny days trudeau bucks. Makes cash flow to us in the 20-25 million range or 50 cents a share of todays float. Watch that float folks she keeps on dropping. 2 bucks will be 3 or 4 times earnings.
Yeah TCK is the leader that will take it up.