Keep an eye out for Terracom (TER)
Major holder accumulating and about to reach 19.9% - speculation building for 1 yr that they are a buy out candidate and for good reason
last half yr results highlight
FCF 50mil+
Ebitda of 50 mil+ - FY ebitda guidance (reconfirmed upteen times) - 130-150mil
Production increase of 25% in last quarter.
Priced fairly low (they have debt of 200mil AUD but refinancing happening within 2 months) and have been rapidly paying down debt (26mil in first 8 months while expanding production)
Coal price on the up again. this isa cash cow
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