aquila res sells 1/2 coal asset for $450 m, page-2

Good find, in these (darker?) days whats!

May I add, production sales are at 1.2 m/t p/a!
The business is not profitable!
The overburden must be significant / adding to mining costs, if one checks their latest 1/4ly!

So on THAT basis, we may be looking real sweet when the forseeable jorc is achieved, and assuming a reasonable to good result.
This first jorc would be ONLY on this first drill zone, I assume. The Teeg still has the coal up top left to prove up!
Oh, then there's the other licences :)
So still hanging in there, along with many of us by the sounds of things.

Cheers :)