Yes, maybe Bluff could operate as a cash-flow positive operation at the current high coal prices, but unless its very high cost structure can be significantly reduced, there’ll remain a strong case to suspend mining operations at Bluff and redeploy its resources to other, higher-margin mines. That would boost revenue and profit in the short term, while coal prices remain high, and protect against any fall in the coal price in the medium term.
Yes, maybe Bluff could operate as a cash-flow positive operation...
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