the latest investor presentation doesnt look that impressive, looking at producing only 1.5mtpa and product quality looks questionable (what are they going to do with the thermal product? 20% ash is high)
SPP is at the lower of 6.2c and 10% discount to 5 day VWAP so it could be priced at 5c the way its going
will be waiting to see what the VWAP looks like
placement, page-2
Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##