I can see us going that low or lower, especially as we still have quite a bit of debt and around $600 million in additional capital required for expansion projects.
The main thing we need to work on imo is getting our costs down, as we are a relatively high cost coal producer which is always loss making when the coal market troughs - we only just got out of last years mess by the skin of our teeth.
Target $4.61, page-3804
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$8.61 |
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Mkt cap ! $7.203B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.69 | $8.55 | $27.44M | 3.184M |
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| No. | Vol. | Price($) |
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| 9 | 33063 | $8.60 |
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