looks to be a buy

I have been adding as the price trends down

Perhaps the volume is due to KRL exiting an index which would require Sales

To me is has the following pluses
--Strong Indo partner which de-risks doing business in Indo
--Looks to be about 1/2 book value ( cost ) which should be under market value
== Talk about new taxes and banning export of low thermal coals seems to be just that - talk
---They are doing a few tonnes at the moment but this is just prepartory to huge planned volumes
-- are investors being impatient ? these things take a while to ramp up
--- the Indo economy will continue to grow strongly unlike Aust pissing around at 1 % a year
=== should not be funding issues

I am interested in opinions---seems to have upside potential