Is There Value In Unloved Coal Stocks?
In adversity lies opportunity and some deep-pocketed investors have recognised that, like the Stone Age, the era of coal won’t end overnight.
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SMR – Credit Suisse rates the stock as Neutral
The 1H loss was pretty much in line with the broker. There’s still a bit in the bank, but the broker expects the accounts and debt facilities will be tapped by the end of June as the company pushes to fund the Range DFS and Belview Pre-Feasibility Study.
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