coal price , page-2

If this recent trading reflects a finance solution on the horizon, I feel the spot price whilst ideally better north, doesn't really matter for now.

Longer we are at lower levels of the cycle, marginal producers and expansion plans are shelved for now.

Also the price of raising funds will be harder, and if we have funding we will be in the box position.

we are also supported by Vista extension's development which is hinged upon this initial funding.

Cash costs $59USD, spot price which may be close to our 8% discount fo our lower kcal value we are still a cash earning beast with cost savings possible on higher production numbers from 2 other assets.

Things are looking good with a 2-3 year horizon

IMO.