AUO austral coal limited

I've been a big fan of Austral Coal but the latest results...

  1. 217 Posts.
    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.
 
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Currently unlisted public company.

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