Monako, JORC report can't be far off now i hope, I've only jumped the gun by six months in my posts - lol.
an article below showing indonesia is now imposing an export tax to maintain their coal reserves - couldn't be a better time to be buying up aussie coalers (my pick for the long term is EER). china, India and the rest of asia have massive demand and growing for coal and the rest of the world is in mine depletion or maintaining there coal reserves for domestic use, where Australia offers coal export for the long term for energy security.
Indonesia to impose export tax on coal http://www.thejakartapost.com/news/2012/04/28/indonesia-impose-export-tax-coal.html
EER Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
