Back in the day of CDS.. when i was much younger.. greener.. i traded some shares in the high teens -which i wouldn't even want to try to work out that price nowerdays.. adding opportunity costs makes it "undefined" on the calculator...
At times I've averaged myself out the back door.. but I've got a different feeling about this one.. and as the underlying consensus here dares to believe that there is light at the end of the tunnel.. im holding on..and holding out for much higher prices.
The maths imo is simple.. given say 15 mttpa production.. 7.5mt saleable coal.. MC many many bags from here.
Even the longest journey begins with the first step. . and that step is securing financing. ..
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