It's vital to understand that this contract possibly feeds off of previous relationships with BHP imho.
'Cerrejón is owned in three equal parts by subsidiaries of BHP Billiton, Anglo American, and Glencore, and includes an integrated rail and port facility'.
This trio are MASSIVE global operators with more sites globally than one can realistically easily count!
PEHs contract for this one site is almost half a million dollars.
PEHs current MC is less than $20 million dollars.
Tightly held register, Low MC, repeatedly signing HUGE operators, no leaky ship and good for the planet.
It's a 'buy' from me!
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