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3,703 Posts.
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30/12/16
22:59
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That will be great for share price.
Foxleigh’s has processing capacity in excess of 4Mtpa of raw coal.
Looking at the 3rd Quarter cashflow looks like they are ramping up production.
The 4th Quarter numbers will look great as PCI for that Quarter is USD $133/t
IMO I can see a definite spike in the share price above 20cents when we come out of suspension, could go higher into the 30s.
My reasoning is because of the 1st Quarter of 2017, PCI we are selling for USD $180/t and the slowly drifting AUD $ falling.
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