IKW 0.00% 46.0¢ ikwezi mining limited

They are making about US$100 per ton at the current coal price....

  1. 170 Posts.
    lightbulb Created with Sketch. 2
    They are making about US$100 per ton at the current coal price. And they are lucky because they did not sell coal for the past quarter. Now they can sell last quarter's coal at current higher price. If they produce 200,000 ton per quarter that's 400,000 ton for two quarters. That's US$40 million. After pay down debts they should have about AU$40 million.
 
watchlist Created with Sketch. Add IKW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.