My appeal is to the sellers and people thinking about selling. Don't give away your shares cheap!!!
We were at 25.5 cents in Oct 2022 on Imminent production and coking prices in $400 plus.
After that endless delays and plunging coal price.
NOW scheduling first barges and Coking coal prices pushing up strongly. US$400 is a possibility IMO.
IMO from photos and reports I would say we have up to 100,000 tonnes stockpiled.
To convert this to $US300 coal, we just need to load on barges. Loading cost less than $2.
Ann: Receipt of Jetty Operations Permit for the BBM Coal, page-31
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