Dogs tend to bite you on your behind when you are not paying attention. what distinguishes this coal junior from others: a great project pipeline of assets strategically located, vigorously de-risked, and more importantly operating in a lower quartile cost environment. Show me any Aus-focussed coal junior capable of building a 2.4 Mtpa coal mine for A$50m and producing coal at A$15/t. don't be blinded by the fact that their first mine is a largely Eskom product supplier. Their next operation will be export orientated, but more importantly they are positioning themselves as a future big player in the Eskom market where production from the historic large suppliers will fall off a cliff in two year's time and export parity pricing is an inevitability
UNV Price at posting:
6.5¢ Sentiment: None Disclosure: Held
