At current price is almost insanely cheap with cash backing of $66M (equiv to $0.50/share). The Berau thermal coal will be in production very shortly with 3MT/yr (7-9 yr mine life) and projected US $33M surplus/yr.
If credit funding sources improve, sky will be the limit with its huge iron ore Apurimac flagship project in Puru
At current price is almost insanely cheap with cash backing of...
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