Company Overview

  • Independent Australian metallurgical coal producer
  • Delivering strong production and cashflow
    • Foxleigh CY2016 sales – 3.1m tonnes
    • Premium low volatile PCI coal product
    • Net operating cash flow $43.9m (Dec 2016 Qtr.)
  • Well positioned for growth
    • Potential to expand Foxleigh production
    • Discover additional resources on lease
    • Assessing further acquisition opportunities
  • Positive coking coal market fundamentals
Snapshot (as of 30 January 2017)
Shares on issue 2,357 million
Options 100 million
Share price 4.1 cents (suspended 13-Sept.’16)
Market cap ~$97 million
Cash and investments $69.9 million*
Debt $44.0 million*
Performance guarantee facility $87.5 million*

 

  • Note – 31 December 2016

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