Good informative post smoke87……not!!
General consensus is that Coking coal prices are at or near bottom. Share price target has a nominal value on Dunlevy - which has considerable exploration upside should it prove to be coking coal.
Management keep delivering.
PFS - just released - shows very good economics.
Yes - coal price is a negative and sentiment isn't great - but at least the analyst provides some background for the claim, unlike your good self!!
Regards
Doyle
Canaccord tips sp to run from 15c to 50c, page-3
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