Pellet Price, page-664

at a production cost of $81aud/t and under no productIon growth So set at 2.6mt equates to an annualised profit of $400m AUD.

don't expect this price to be sustainable, but if operating costs are trimmed up and production rate slightly increased this figure starts to become fairly realistic.

let that sink in.
400M profit In the next year.
add
180M odd in cash
add
500M odd in assets
mInus
next to no debt and no liability.

market cap 250M

By far the most fundamentally under valued stock in my folio currently.

SF2TH