a bit of fun at last !!!, page-4

Excellent result and congrats to Tony and the team.

The potential upside from the underground is worth a ten bagger on current prices (even taking out Irvine). Underground appears common practice overseas (and here for coal) and the cost per tonne is very low. A couple more holes to prove it up and voila.

Anyway will take sometime to digest but i think the brokers will get it and get onboard. Huge derisking has been achieved and mega potential upside created with the underground on Cockatoo. Not to mention a steady cashflow from now on.

I'd hope for say 24c tomorrow and a steading appreciation from there.

Think the overhang should be accounted for quite readily, and the believers can finally start to have their day in the sun.

Cheers