Long term coal prices are still holding up, 20% of the sp price...

Long term coal prices are still holding up, 20% of the sp price fall can be attributed the the crap market we are in, the rest is down to the shorters and the company for their lack of investor relations.... Investors are bailing from fear or a move out of comodities and the company hasn't done enough to rally support.

Too little too late by the company, the only way to resurrect and to keep the sp from falling is to get some heavy hitters behind the stock.

One of the largest and longest life thermal coal mines now trading at 11c per tonne!!!!! All the infrastructure in place etc..... Capex issue and funding has been blown all out of proportion as the planc design was based on the best equipment all 100% owned..... they could start that mine and get into production just from selling the takeoff.... 2015 prices still good, any decent finance person would be able to get this debt funded even!!!!!

what the chuck!!!! What else is there???

At this rate all of us posting here may actually be able to raise the cash to take the company for ourselves:)