Looks like there was plenty of interest today - market traded...

Looks like there was plenty of interest today - market traded 300,000 shares.

I don't see anything not to like in the announcement - we are getting paid 60% of the profits from export sales over the next 4 years (assuming they hit the minimum threshold of 200,000/t next year) and we are paying zero for the privilege. That's a pretty impressive return on capital!!!

Separately, hard coking coal prices went up another 7% today. Now at $289/t. If these price levels are maintained, it is inevitable that Groundhog will attract serious funding interest very soon. The economics of the proiject change entirely with coking coal prices above $150, let alone above $250!

I'm not sure why people are selling ATU at these levels, perhaps they are impatient and have had enough waiting (which is understandable), but it offers a great opportunity for people to enter the stock ahead of what should be a very exciting 12 months ahead.