Comparing a company with over $1billion debt, 20% more SOI, a cost base of $90 aud a tonne, coal price of $50usd, a higher aud $ and no war is a lot different to the market we find ourselves in today.
$2.7 billion cash holding, 20% less SOI, cost base of $100aud, coal price around $200 usd, lower aud and a war with harsh sanctions placed on one of the world's biggest energy suppliers. I think a 4x price comparison to the "old" days maybe a bit low. But everyone hates coal right?
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