@FinancialReview If “renewables “, and I use the term loosely, were so good why do they need subsidising at all?Tax another industry that actually works and provides cheap energy, jobs and income for Australia via exports.Then take the cash, trash the environment and make energy expensive. Right
@chambostox @Capt_Kremmen23 @coaltracker Congrats on your profit. I still don’t see how he was “stealing “ from the company. Without Dominic the company would have been in administration and everyone would have lost the lot. He saved many people’s investment and dilution and time was the price we paid for it.
@realhagetaka@coaltracker Where else did they get the HCC and PCI from them?
Look, I’m not trying to convince anyone this is a brilliant company or project by any stretch, all I’m saying is that things have turned and may improve from here. Mistakes will still be made but hopefully mgt learn fast now.
@realhagetaka@coaltracker Project has been developed on a show string budget. They’ve done well to get it up and moving. With further steady cashflow now, the ramp up may surprise many.
@realhagetaka@coaltracker Your numbers seem quite low. $60 usd per tonne ebitda when HCC price is above $300usd? You assume that all they will produce is 23k per month? What happens when sales double or quadruple as they ramp up? What happens when ebitda per tonne is double your estimate?
@MikeCarlton01 Those pages would be useful at the bottom of my bird’s cage. Keep up the great work on X though, as your misguided arrogance and vitriol is absolutely hilarious.