I'm interested in this and its long term growth prospects..
6 Mtpa of coking coal by 2015 sound extremely promising.
My only concern are the margins they are selling to their major sharehoder stating in their report is priced on "commercial terms based on market formula".
Can anyone clarify this for me as i'm not as educated as i would like to be when it comes to coking coal margins.
Technically the chart seems to have found support around the current levels and seems like a safe enty, but my concerns are their current profitability. Thanks in advance.
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