hi HS,
from memory TER had only the one mine BA. And where producing about 3m tonnes PA. They had approx 550m shares and hit $0.75c
now TER have 750m but all of UNVs mines with production at 10m tonnes. This year production is set to almost double.
with sustained high coal prices and long term funding sorted I would see TER up around $1.00 $1.50 plus.
post financial deal production uplift and SA being operationally smoothed out we should see far stronger results
just my personal thoughts
Ann: July 2021 Coal Sales Update, page-64
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