They are such bad numbers in my opinion but let's see what the market says. 31 March net cash $300m then you have a couple of days later $800m going to BMA. Not sure it's good. QLD sales down 26% NSW sales down 10% Maules Creek sales were up 20% Everything else was down Even inventory at the end of the period didn't change much.
I can't see them recommecing buy back given these numbers.
What do holders think?
@keithgroves they are not debt free. They could well be right now in debt to the tune of $500m.
I don't expect any difference with other coal companies especially Coronado. I think the go to coal company is New Hope given their ultra low cost of production and organic growth.
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