Don't know why some especially Mountainman are trying to twist things here, but CEC is not trying to produce mostly thermal coal which would have it directly effected by Natural Gas pricing.
The Raven undergroung coal mine will produce mainly 88% semi-soft metallurgical coal which is suitable for the steel production industry.
Met Coal cannot be substituted entirely by Natural Gas to produce Steel period. To even suggest that Natural Gas will put Met Coal to rest is plain lying and manipulative in nature, IMO.
The following is taken from CEC's Feasibility Study and they project approx. $100 per ton average profit margins FOB the Port of Port Alberny. atb
"Coal processing will be conducted on site. Average wash plant yield has been estimated at 44%. The final coal products will average 88% semi-soft metallurgical coal and 12% thermal middlings product over the mine life."