well having a look over the companies last 12 months of announcements I certainly do not buy into lack of communications others are talking about.
For a start they do a 1/4 presentation on top of a 1/4 report which is more than most commodity companies produce.
Looks like they are ramping up production at the right time but have needed the lift in coal price to help them achieve positive cash flow.
Fairly solid balance sheet and looks like management took advantage of SP to do a cap raise last year..........now trading at a 30% discount.
Looks like market reaction to the changing macro environment is a bit slow with this one but the company has plenty to prove and markets are still getting over the distruction coal stocks took 18 months ago ish.
SMR Price at posting:
38.0¢ Sentiment: Hold Disclosure: Not Held
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