Johnno - Agree it will take longer to first production than initially thought, but I am sure once the coal prices get going, entry levels will be substantially higher. My personal view is that now is the best time to accumulate good quality MET coal stocks at these ridiculous prices. Early reward might be in the form of a take over bid ? SMR is a prime target IMO.
SMR Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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