You must not have read the report the way I did.
Can you elaborate on ‘not good’?
- Paid down loans worth 333M early, no debt left. Automatically adds 42M to the bottom line annually from now on.
- Additionally Banked 600M.
- Labour is short (duh) making do with what we have.
- Preparing for better times currently.
Im new to coal, we’re heading into winter, everyone else is heading into summer but from that we could be looking at 700-900M surplus for Q2
Ann: Quarterly Activities Report, page-22
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