In reply..... I picked some up at 34c and 34.5c Whilst today was a bit of a bit of a shocker the fall in coal price these past months meant here had to be a bottom line impact . The issue for me though is the poor production figure over the Qtr given 175 ,000 tonnes were shipped in the first 3 weeks of the Sept quarter which was great. Management highlighted this in the previous June Qtrly as an addendum ( my recollection only on when this was stated) but whilst parading this, which no doubt heartened many shareholders self-included, they then oddly made no mention until today of the subsequent "mining difficulty" at BA resulting in lost production which has manifested as a Qtr on Qtr decline in coal sales.
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- Ann: Quarterly Report - July to September 2023
Ann: Quarterly Report - July to September 2023, page-31
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