The plot thickens..., page-39

@richard9876 --

Remembering that initial production target is around 6m.. then L/T 30m there would be quite a valuation range.

But even at the bottom of the market in coal.. WHC - which produced just over 7mt for the half is worth $400m according to iress.


So there are many factors to take note of, inc .. country.. operations.. people.. etc

But when up and running.. humming.. many hundreds of millions...

No wonder we're all waiting for noble et al to get moving..!!