I'm interested to hear what they have to say now. Sure seems they have a fair bit of coal but most of it is at 200+m depth. Doesn't that cost a bit to extract?
This morning they had a market cap of close to $1 billion. Compare to CEY with market cap $1.5 billion and producing 15 mtpa profitably does this seem like good value? Not to me but I have limited experience with coal stocks.
Anyone got a better comparison or valuation?
EPE
enterprise energy limited
fat profits, page-4
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