It's been proved on this board only $29/ton net to company(although some posters have questions about the administrative costs included or not ), that means company needs to produce 22 K tons/month to justify $8 million market cap. assuming O/S 800 millions per I Box. It's not a question of reserves or coal producing already but the QMNM ability to take the right direction. For now I'm sticking with the numbers.
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