Replies to post #575 on Value Microcap DD

[bradford86]

CHGY

you put coal at $80 per ton

http://asianenergy.blogspot.com/2009/08/coal-price-forecast-raised-at-merrill.html

Year Annual Production Per ton Weighted Average Price
2004 506,913 $ 10
2005 612,739 $ 24
2006 549,970 $ 24
2007 459,055 $ 25
2008 264,098 $ 58

where did you pull your information for price?

i assumed that the 2008 numbers were high because that's when the oil price spiked as well as most commodity price spiked, i figured the price here would be back below $58.

double 2007's numbers and that's where i get my ballpark forecast

but if the coal price is x3 higher. i need to revise my numbers.