profitable nz coal with qld csg paid by agl

That heading "NZ Coal with Qld CSG paid for by AGL" is in my opinion the best way of describing ECU


1. It is a profitable Coal miner with operations in NZ so regardless will be 100% immune from the Rudd Tax grab


2. It sells its coal in USD so a weaker AUD benefits us


3. Its CSG interests in Qld are funded by AGL so really are a side play now



So for me the real value lies in its coal assets which we have seen China wants only a matter of time before they look to places other than Australia and who better than its neighbour NZ

This is one of my largest holdings and I will keep accumulating