I've been a big fan of Austral Coal but the latest results showing a 2003 profit of only $4m and eps of 2.7c is a bit of a shock, given the standout performance in the 2002 year.
The company blames geological problems for the most part. It forecasts better times in 2004.
Appreciate any views/insights as to where this is going from here.
AUO
austral coal limited
I've been a big fan of Austral Coal but the latest results...
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