The price of thermal coal is now over $100 USD/Ton so the previous estimates of revenue even based on
the company's forecast of 480K ton and last year's pricing now seem very conservative.
https://www.indexmundi.com/commodities/?commodity=coal-australian&months=12
IE: 480K ton x $100 USD/ton is about $65 mil AUD without accounting for the 30% coking coal!
If they pull their finger out and flog 560K ton ($75.6 mil AUD) then we should see the SP rocket.
The early start to shipping (first loading today, 23rd June) + 4 ship loads pre-sold looks promising.
The price of thermal coal is now over $100 USD/Ton so the...
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