This could drag out to the second half of year easily.Timing is...

This could drag out to the second half of year easily.

Timing is imperative at the moment unfortunately.

There's no motivation to step into production and risk collapse as you try and stay in the black, just so you can produce, while trying to ensure all the $$ streams meet at the same river.

Too hard and I for one don't want to go there until the business model shows reduced risk and that wont happen until Coal $ improves and probably they only have 50mil left so it will be close.

BND will be an all in at $100 a tonne to deliver to port. I cant see how they think it could be less and if so what maybe 5-10$ ? Soooo status quo until demand improves.

Also considering if they went green today its what 2 years from today to delivery at port realistically? Im sure thats factored in obviously.

My "guess" is most miners ready to roll are making sure they have extracted the best possible position to benefit from the step to production.

IMO two things are happening its a dog that wont walk and they're dragging it by the leash or those in the know are slowly accumulating in anticipation of news that one day... I reckon next year will see this go parabolic.

They've got the resource
They've got most Govt approvals required and those they don't they will get
Its just a matter of time.. hold or fold?

I've been a holder for years hence I'm on the parabolic road...of course quack quack quack "duck on the pond"