I don't care if it climbs higher today, next month or really even next year. This is a long term bet, we have 600M tonnes of mostly coking coal, close to port, we should be cashflow positive this year and production just from the small Project F should ramp up to $120M of EBIDTA by 2020. We can then use the cashflows to fund the development of the larger project, which carries an NPV of $800M. All in all, over 20 years we are talking about this company producing multi billions of free cash flow, which I am happy to buy now for a $100M market cap.
The short term volumes and prices don't matter, hold for years and reap the fruits of the massive cashflows.
I don't care if it climbs higher today, next month or really...
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