Finally Management made a decision to go ahead with Coal Project after 8 years.
Based on report 2017 this has NPV of 9% and IRR 29% project cost will pay back with in 4 years.
Based on previous data project lifespan was 24 years. expecting average of 1.4Mt per year.
With a average price of $150/t project revenue approximately 200 million per year
Above figures need to be re-visit based on current economic conditions.
Considering current market cap of ~17m and expected revenue of 200m, share price will fly pass all time high.
Finally a good news for long suffering Share holders.
Those who not get in to the bus, get in early to find a seat for this long journey to enjoy the ride.
Finally Management made a decision to go ahead with Coal Project...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.176M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $5.246K | 1.314M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 23523486 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6411230 | 5 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
| NAE (ASX) Chart |