How much per ton depends on the quality of the coal. For example seam IV is $61 a ton while the bigger seam III is $45 a ton. They pay royalties on the leases. I have no idea on the grade of coal the new area is. It could be a combination. Seam III is below seam IV so the cost to extract is lower since they already have most of the permits.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.