it is already nearly November. I have been in the industry in Africa for 12 years, I just really cant believe that they will be able to tick all the boxes and produce coal and sell it in a year.
I do believe they will get there, I just think holders will be in for some frustration re: timings and will be exposed to hight risk for longer than they think.
It is of course up to each of us to assess and manage that risk. I personally think the risk reward ratio will be a lot sweeter say 10-15 months down the track, even at a higher SP
AFR Price at posting:
15.5¢ Sentiment: ST Sell Disclosure: Not Held
