due to produce 4m tons of coking pa from sept.

qrt report points out that GUF is due to start production in Sept at an expected rate of 4m tons pa of coking coal. I would guess they could make around $50 per ton x 4m = $200m. That is north of the current market cap, so this is clearly oversold and on a PE of less than 1 on expected earnings. Amazing to think the market has dropped dead this much that this can happen. The company is heading towards dividends (in qrt report). This is either going to spit cash or attract attention one way or the other. I would expect the stock to be north of $1 in 6 months on these numbers. Oh..and we get billion of tons of coal in QLD for nothing. dyor and read the report.