I should say that I think your analysis is Easy to agree with Shalder. Well done
with Respect though I think that they have elected Not to expand into new Coal mines ...They know that's near impossible
rather they have declared their have Chosen to pay Qtly Divs..- suggest not a bad thing for next 12 months - .but yes when Coal price tumbles .
well then its of to the Exit Door
Ann: Dividend Declaration, page-167
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