Absolutely SP3, ESI must now capitalise on further opportunities currently before them. Current management seems to have set the foundation stones re: the commercialisation process domestically. Now we need an international player/s on the board/executive team to build momentum on the international scene.
Hi IKE501,
If you scroll down the link provided in the opening post, you'll find the heading: "Coal price seen rising 3 fold, to hit record - Merrill"
The opening paragraph:
" SYDNEY (Reuters) - Merrill Lynch has raised its forecasts for contract prices of coal for power plants and steel mills in 2008, predicting that prices will jump by as much as 200 percent, after recent supply disruptions resulted in a severe global shortage".
The article is dated 7 March 2008.
It refers to contract prices (yet to be finalised) as opposed to the spot market
RBA
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