IKW 0.00% 46.0¢ ikwezi mining limited

Ann: Quarterly Activities Report , page-34

  1. 27 Posts.
    80+ is definitely possible within the next 6 months if the price can get through the 73/74 level. Commodities look ready for a run in the short term which should help us get there.

    Even at the current level the margin is still decent, when you include the premium from domestic sales it's even better. I think the company is more worried about a further decline in the coal price rather than low profitability at current levels. Once we see some recovery/stability in the pricing the company should proceed with production.
 
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