Yes I feel your concerns. For myself it’s more about receiving a high yield return while thermal coal is in demand and the price remains elevated. I don’t plan to hang around longer than I have to, obviously timing can be tough. Management does have a bullish view on elevated thermal coal prices for the next few years, therefore it does support generous dividend payouts. Who knows what the future holds, maybe management will utilise their access to finance in SA to acquire an up and running coking coal mine…
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