I thought it was a pretty good update. And they did not have to make it. The tone of the announcement changed as I think the management have taken some feedback on board and provided more metrics. More realistic.
Shipping 30kt pq without expansion...probably making around 100-150 per tonne at this point in time so profit of about 12-18mln pa...for a market cap of 82mln...with solid expansion plans...what's not to like?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CXM (ASX) Chart |
Day chart unavailable