I think it could go to 18c off the chart unfortunately. The...

I think it could go to 18c off the chart unfortunately. The selling at 21c today was relentless - someone just kept loading it up. Then the bot came in just for good measure to close it at 20c late. An announcement would certainly have shorters running for ground but I don't think any are on their way are they?

Cash will go to $75m after the next quarterly. They really need to put the brakes on the spending I feel. However, with market cap of $105m, if you throw in the port allocation worth $40m you are getting the coal for negative $10m (if that makes any sense). Check out the current assets in the half yearly (they were at $135m and only liabilities of $2.7m), Pretty good for $105m company!!

These guys ares all crook. Look at MTE and COK, they're worse off but fundamentals aren't as bright for them in my opinion. This market is a dog!