what is 500mill tonnes of coal worth, page-7

agree slappi,

320 bucks a tonne i think.

their share is 280mt x 320 = 89 bill by my count.

Cost? dillution to 1000 mill shares or 1200 mill fully dillute.

At 6c per share we're talking 72 mill mc for 89 billion igv.

This is the worst case of sell on news for extremely good news.

Holders throw away a climb from 4.5 to 6c, 25% gain on their money, for what lies ahead.

Short sighted.

The buyers who paid 7c today got it right, and they wont be the last.

cheers