Dolet Hills Lignite

Coal prices averaged $85 from 2009-2021, then skyrocketed since Aug 2020 to the the current $435. Cannot find a Lignite quote but assuming it has moved upward also. Wondering if Dolet Hills would re start Lignite mining plans if prices persist? Profitability potential must have improved enormously since pricing up 5X? Any thoughts?

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Permalink Reply by Skip Peel - Mineral Consultant on March 4, 2022 at 11:54

I'd be surprised if the mine resumed operations, The lignite mined there has no market other than the power stations.

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Permalink Reply by Quattro on March 4, 2022 at 14:05

It is done.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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About As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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