First quarterly report just released as a producer
This thing is unloved and under the radar big time
Just shipped 170kt of coal their first season, will be producing 600ktpa+ by next year, debt free, cashflow positive and one of the lowest cost producers in the world.
Cost this quarter were $45/t FOB and are dropping to $38/t FOB next year ! Those figures are off the charts cheap !
Top 10 hold around 95%+ of the register, so will only take 1 or 2 small funds taking a position and this is back in ASX300 and 15-20c
