50mt to 80mt pci coal jorc due in july: $230/t, page-10

"I began to wonder if the sp was kept down specifically to discourage we smaller punters from participating in the spp."

Absolutely not. Tim was disappointed in market reception to recent updates (and likley poor update of SPP???). EOC is miles ahead of peers, with half the capex requirements and likley lowest quartile opex.

The market wants to be hit in the face with a resource update which in reality makes no real impact on immediate earning potential.

Oh well good luck to me.