Just waiting for next shoe to drop.
Cannot see evidence of progress in latest satellite images due to cloud cover.
Logs being delivered to Mohing Bridge (IMO)
HPU on the horizon.
All important thermal price holding and rising. Puts a base under our product price. I repeat, our PCI (12% low volatile semi anthracite) can fetch 30% premium to NewC (6,000 kcal) price if sold as thermal.
We can do this as we have not contracted to supply PCI or Coking Coal. Aussie producers not easy to do this as locked into supply with long term customers.
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