There is a wide range of profit potential for PCY.
For starters I imagine that we will bank anywhere from $10-30 a ton all depending on the off takes.
I like to think as conservative as possible and be pleasantly supprised latter. And with that train of thought I will use the worst case senerio in my mind that is $10 a ton. Now I will be using the very realistic target of 1,500,000 tons of coal a year. This is an increase over their publicly stated estimate but personally I think they can and will do better than their target for 2011:)
1,500,000 X $10 = $15,000,000 profit for 2011
Not bad considering this is for all intents and purposes a worst case senerio:)
Our publicly stated targer when we reach full tilt is 5,000,000 tons a year and by then I think we will be selling the coal to the highest bidder wherever it may be. For that I expect the profit to be upwards of $30 a ton.
5,000,000 X $30 = $150,000,000
Now this is a little shy of other estimates but as I said, I'm the conservative type.
Not bad for out "little" Coal Deposit!!
I will let the NR do the talking on out monster coal deposit. (Chandgana)