Ah. Nice;
LOST FOX MINE BASE CASE ECONOMICS
Pre-Tax After Tax
IRR 17.0% 14.7%
NPV (8% Discount Base case) C$ 615.9 MC$ 405.8 M
NPV (5% Discount Sensitivity)C$ 1,058.2 MC$ 749.8 M
Capital (Initial 3 Years) C$ 788.6 M
This is with $175 Us a ton of PCI product, which is low -
Here is a price chart covering several years for metallurgical coal (FOB Australia, but comparable)
| Annual Coal Prices - Japan-Australia JFY FOB (US$/t) |
|
Year |
Metallurgical Coal |
Low Volatile PCI |
Thermal Coal |
|
2011 |
277 |
218 |
129.8 |
|
2010 |
204.00 |
165.00 |
98.00 |
|
2009 |
120.00 |
90.00 |
70.00 |
|
2008 |
289.00 |
245.00 |
125.00 |
|
2007 |
89.00 |
67.50 |
55.65 |
|
2006 |
107.00 |
66.00 |
42.50 |
|
2005 |
125.00 |
102.00 |
53.00 |
|
2004 |
56.00 |
46.50 |
44.00 |
|
2003 |
43.50 |
32.85 |
26.75 |
|
2002 |
46.20 |
34.30 |
28.85 |
|
2001 |
41.50 |
34.50 |
34.50 |
|
2000 |
32.95 |
26.50 |
28.75 |
