The article was written in May of last year. That's before the geologic "problem" encountered at the Horizon mine. AWSR laid off 1/3 of its workforce and lost about 50% of output. http://www.sunad.com/index.php?tier=1&article_id=23226 Meanwhile, mining rock is not very profitable. I expect the 10-K financials to be very bleak, very.
AWSR Completes Mine Development and Commences Full Production at Horizon Coal Mine
Cost to Produce Thermal Coal From the Mine Expected to Decrease While Coal Production Rate Escalates to More Than 90,000 Tons per Month