Today's production numbers and the tone of the announcement is very positive. As production flows through to dollars, profits will lift quickly.
Hopefully the share price will also quickly respond but I've been patient on this one - the stock is worth at least $1.30 on even a low p/e - if it gets valued like some of the other coal miners $2 next year is possible.
Good investing !
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austral coal limited
Today's production numbers and the tone of the announcement is...
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