Alex their is more ways to value a coal company than the current coal price - they have no debt printing cash and paying massive profits - even at $100US/tonne still making good money especially with low Aussie dollar
China is obviously the key and they are ramping up their coal purchases from Australia - will be interesting how much they will purchase but 40% of coal exports did go there - I can only see upside
Acland Mine Approval, page-236
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$4.70 |
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| Open | High | Low | Value | Volume |
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