OK - I've slept on it and re-read the announcement. As long as production quickly lifts, profitability should bounce back very quickly. The management seem confident this will happen.
I'll continue to hold, maybe even buy a few if the price drops a bit, but it is one to watch and not forget about.
Good investing !
AUO
austral coal limited
OK - I've slept on it and re-read the announcement. As long as...
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