What part do you not understand about productivity and costings for a start up coal miner? Costs are always highest at the start. Capex will reduce naturally over time as necessary items are completed. The opex will come down with new contractor and with larger machinery and crew ramping up production, improving logistics (road, flat bottom barges, Petrindo's ISP), coal wash plant, conveyor, reduction on overburden removal, initial oxidised coal product blah blah blah. We've said all this before. You think that higher costs now will remain this way forever with no possibility of improving. This is your problem. Just like you thought Cokal would be insolvent. How did that work out? You harp on about the same crap to create hysteria and to try and prove you're right with your skewed data. BTW fix up the PCI pricing, it's been mentioned before.
My advice, sell your remaining shares and move on if you think this is a failed project and company. There seems to be at least three other large companies that do not share your pessimism.
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8.6¢ |
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Mkt cap ! $92.78M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 53157 | 8.4¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 100000 | 0.083 |
1 | 100000 | 0.081 |
5 | 116785 | 0.080 |
2 | 277459 | 0.078 |
Price($) | Vol. | No. |
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0.087 | 30000 | 1 |
0.091 | 100000 | 1 |
0.095 | 221531 | 3 |
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INFINI RESOURCES LIMITED
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