I expect that the share price has some ways to go!
This shipping season they will go closer to 1.0m t ….One shipment in November and they will make it. I think they are already at 720kt.
With coal prices where they are you would think the NI for 2021 will be upwards of $40m without selling any washed coal.
2022 with washed coal and the current profit margins would well outstrip the analysis that they put out.
I think a range of $80m - $120m is on the cards.
Good luck to everyone …
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