Yes it will be it's a great project the numbers are really good management think it's still worth .25 cents so currently looks very cheap if you can wait 6-12 months
it's lucky it has good infrastructure close by ready to go and is in close proximity to working mines
coal has bottomed only up from here
but when is the question the Aussie dollar dropping will help
There are now company's out picking up stranded assets ready to turn them into production again
all the dramas in China have put the brakes on this project getting to production with the major holder being cautious moving forward I think once the smoke clears things will look brighter
CQC Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held