killing it

high export thermal, v low rand, v low diesel, v low frieght and plenty or rbct capacity

nnc phase 1 will be utterly killing it....equivlent to profits on $100/t thermal coal in 2010 terms...once you factor in the cost variables above

including kangala export this weeks price move probably added circa $8.5m to our yearly npat

12% of our mkt cap in one years growth in npat

let alone all our other profit centres

even on a miserly PE of 3 our stock shouldve moved circa 30% this week

cant wait for 150kt of coking to come on stream as part of phase 2

something gotta give