Looking at a chart adjusted for the share consolidation is not...

Looking at a chart adjusted for the share consolidation is not so bad. In reality it is much worse % drop. How else can it raise funds without further massive dilutions at holders expense meaning a big discount to the current SP. AND what about the debt to CCC and RRS?

Would it be a fair Q to ask why you would mine marginal grade coal? If the profits vapourises while in mining then how else but to blame the grades? Unless of course they are things we don't know about!