SP3 $1000 for coking coal is a little far stretched.
Let's stick to some facts about coal and Vietnam
The race to secure thermal is on and has been for a while now hence Tincom becoming involved in the Coldry technology. As world oil prices once again reach for the stars because of Middle East conflicts Vietnam will be under even more pressure to push VCPL to the next stage. Why, because Vietnam relys on oil to power over 40% of it's power needs and hydro for the other 20%. vietnams power crisis has been created because of the lack of water to generate electricity.... Coal power is only 20% of there energy mix because they don't have much coal hence the reason they will become an importer in the next few years http://www.marketresearch.com/product/display.asp?productid=2555696
ESI Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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