Very, very positive. Makes the trading yesterday look a little suspect, but they have covered it well in the ASX query. Could be a turning point for the company. Some other ASX listed coal plays have slowly started to turn around their South African operations, will be interesting to see the quarterly for MCM. Also, as you said, Senosi can see the value here and is trying to extract that value. It looks as though it is only for approx. 5 months, but if it is going well I am sure it will be extended, with the impending coal embargo on Russian coal, could be great timing and I am unsure whether prices have peaked in thermal yet.
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Very, very positive. Makes the trading yesterday look a little...
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