ultra- I reckon that NHC with it's Cash Chest is in Prime Position for any Rationalising of the Qld Coal Industry.It has a Substantial Holding in Arrow of some 18% bought at approx 90 centsish? It starts Trials on Coal to Liquids Development this month and is Fully In House Funded with OnGoing Cash Flow for Full Devolpment of BreakThru beyond Uzbekistan Based "Experimenters".
Now,are you aware that West of Ipswich is the Planned Growth Corridor of SE Qld,ultra? Isn't that where NHC holds Vast Tracts of Land that they've won awards for Enviromental ReHabilitation?Re HABITATION. It is completely possible for NHC to raise Capital in the Billion$$ again by Selling these land Holdings.Get Mega Cash Flow over Years Developing these Holdings too.
Anyway,there's my take on NHC as being "worthy" for a Long Term Hold. cheers.
NHC Price at posting:
$3.84 Sentiment: LT Buy Disclosure: Held
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