SMR 1.24% $3.19 stanmore resources limited

Media report # 2, page-2

  1. 203 Posts.
    lightbulb Created with Sketch. 88
    Thanks for posting... selling in global coal stocks has been relentless, regardless of the consensus view of imminent global recession disappearing, and regardless of company specific news/info.

    Seems like 3-4x FCF is the new norm for met & thermal equities. Difficult to get large institutions buying because of ESG perception.
    If willing to wait for the company to return capital then they're attractive holds.
 
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