UNV universal coal plc

Terracom - Lipstick on a Pig, page-31

  1. 3,997 Posts.
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    Another FACT

    TER has a contract with Japanese Power producer to take 45% of all of their coal output. the rest goes to the spot seaborne market.

    Anyone suggesting TER doesnt know how to do business is just woefully ignorant.

    You can kid yourself as much as you want that supplying almost all of their coal to domestic market is in someway a 'great" strategy but it is not

    Also since when has holding while the 2 largest shareholders are selling have become a great strategy for retail holders

    If anything you need to be angry at your OWN board to let go the previous birds in hand for hope of a fat one in the bush...



    Last edited by BarrenBuffett: 17/02/20
 
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