SMR stanmore resources limited

Ann: Material increase to quarterly coking coal benchmark-SMR.AX, page-5

  1. 6,562 Posts.
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    Anyone care to guess what the financial outcome of todays news will be. Late FY saw a loss due start-up costs, small tonnage, and a much lower coal price. For the current year we have the one-off costs behind us, a 1.1 million tpa operation and a very substantially higher coal price. Not sure what operating costs are but my gut tells me we are raking in the $$ now and are substantially profitable. Are we worth the current 80c, or something significantly higher?
 
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