Whc coal initial problems were due to hard coal and too wet which cut price of the coal, these problems have now sorted themselves out.
At the AGM I was positive Tony Heggarty said the blokes from Catapillar in Newcastle do the tweeking of Long wall and in his words they are worth their weight in gold. The turn around has been incredible and now produces 1000 t per hour..
trading at a pe of 2.5 and an 9% yeild, page-28
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