Thanks gmutton, coal prices have been in decline for a while now. I know in the hunter production has been wound back. Current prices are neither here nor there ATM.(IMO)
Eskom offtake will be a regulated price anyway (check?) but the rebalancing of coal stocks is already underway so I expected Xceeds mine to be in different enviroment.
Still awaiting finance package to be announced.
interest here, page-7
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