Yeah I'm definitely considering an investment, I just hold a token amount right now - however I'm going to hold out until the next quarterly... I could regret that - but we'll see, lots of downward pressure on SP at current...
@amandasmsf they bought from a company in liquidation, both coking and thermal coal prices are historically high, mainly due to USD/AUD conversion... And most important of all - B2Y are actually selling a product, they are mining and they are making revenue... Since its a bulks business, its all about maximising qty of product they mine now to reduce the $/t cost of getting coal on a vessel - IF they hit the 2.2Mt p.a. rates, B2Y will be profitable with a nice cash margin...