Jameson Resources Ltd. (ASX: JAL) has completed a Feasibility Update for the Crown Mountain Hard Coking Coal Project, reaffirming the 2020 Bankable Feasibility Study (BFS) reserves despite rising costs. Independent technical advisors assessed updated capital and operating costs, inflation, and revised coal price forecasts. Pre-production capital rose 28% to AU$394 million, and cash operating costs increased 15% to AU$102.79/t. However, surging coal price expectations led to a 200% rise in pre-tax NPV from AU$469 million to AU$942 million, confirming strong project economics.
The Project remains Canada's most advanced steelmaking coal development, benefitting from infrastructure access and regulatory progress. The updated study, combined with a 2021 Yield Optimisation Study, highlights increased clean coal production potential and robust economic metrics despite cost pressures. With environmental assessments advancing and rising global demand for premium coking coal, Crown Mountain is well-positioned to meet future supply gaps.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
