My guess is:
tonnage = market cap!
Hunna has upwards 400mil ton; taken over upwards $400mil.
Critical factor, imo, is the COKING factor.
We are well informed that by the time production is planned to commence, C.C. is in short supply!
Rate for C.C. will continue to stabilise / rise; T.C. is in great supply (incl Aus), so can't see similar rise in value in short term.
Other major factor is access to major buyers.
We seem to be in the right place at the right time :).
Cheers :)
a new dawn, page-27
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Last
$1.40 |
Change
-0.035(2.44%) |
Mkt cap ! $1.648B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.47 | $1.37 | $30.89M | 21.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17070 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 142790 | 6 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |