re: Ann: Substantial Coal Resource Estimate o... Economies of...

re: Ann: Substantial Coal Resource Estimate o... Economies of scale are not obvious, plus phase 3 expansion timetable isnt clear, cashflows could be discounted into dust doing little for NPV - PFS on extension should tell us more here.

We do have a spare 1.5mtpa port capacity, rail capacity????

The main thrust here is acquisition cost per tonne (cheap), and what the additional resource does for the global EV/t. Peer comparisons anyone? Another valuation metric where CPL may well look very cheap at its stage of development. It would also be handy if the tide changed on sector sentiment.

Vista South upgrade due next so sharpen your pencil for EV/t calcs again, then with any luck a favourable finance deal. Might get us back over $1.40 lol

ALL IMHO only

Good lcuk to holders.