Maybe $1 /tonne is the IGV given to coal speccys when market decides the company is worth noticing.
I think when market sees certain milestones passed then it will rerate the company appropriately.
The CDS and FSE connection is more than obvious,saw the map and closeness of tenements too.
Expect to see CDS to be very interested in next 2 years as they will be far more advanced by then.
A lot more information is needed re quality of coal,access,resource upgrades if any,method of removal.
Good management would be onto all that now.
location of projects, page-8
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024