The long and short of it is that some investors remain skeptical on the quality of the assets.
We will need to see evidence of this in the next few quarters as they ramp.
If they can get themselves into a position where they effectively have $300 odd Mil of liquidity and sustaining Capx under $100mil P/a CRN will become a call option on the met coal price.
I'm hoping we can see evidence of the operational performance next quarter. That's the big catalyst for me.
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $234.7M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $645.3K | 4.648M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 3626157 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1324800 | 51 |
View Market Depth
| Last trade - 11.38am 18/06/2025 (20 minute delay) ? |
| CRN (ASX) Chart |