Very cheap? Yes, if coking coal prices do recover over the next 12 months or so. Not sure, whether they are profitable, but they are likely cash flow positive for FY2015 (report should be out soon), however only thanks to some inland contracts ... and some of them expire in the second half of next year. One big Westport customer (cement) announced already that they close down in 2HY 2016 ... BRL better secure another client by then.
So - yes, I hold some of them as well, but am at this stage not sure whether it will end up as multibagger - or as a loss.
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