Couldn't agree more .some people have lost money and they just haven't gotten over it . If any of these people could read an independent experts coal report they would realize the 75 million jorc is quite profitable
Ill repeat what i wrote last time
Look what that management have done . They have added 75 million jorc with a strip ratio of 7 to one . Next to electricity and water. Goodness they have added a resource of a worst case price of 40 dollars a tonne valuing the asset base at a least 3 to 4 billion . Bad management Vic
Look they have a cash asset of over 11cents per share not counting coal jorc and other tenaments . What bad management .
Lastly , can people please read the independent coal experts report and stick with the assets growth ,cash backing etc etc and get over being a punter who got caught with his pants down when the coal market changed.
coal, page-3
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