By the middle of August we will have loaded 650kt for the season…with shipping open for another 2 months the target of 1.0mt will be achieved.
2 vessels in port being loaded now and another 2 with 170kt capacity expected at port in the next couple of days.
Price of coal sold should be minimum of $160usd = $160m in revenue…probably more!
If expenses stay the same $60m circa …EBIT should be at least $100m.
Coal at port (stock pile) will still be 600kt + by Nov.
Maybe until there is a dividend the share price will stay where it is ….Better option would be to use $32 - 40m of the free cash to buy back shares at this price …Perhaps the company should buy back the 18.2% of BV at a discount to the current share price.
Ann: June 2022 Quarterly Production and Activities Report, page-6
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Mkt cap ! $39.20M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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