re: Ann: Coalspur Appoints New Managing Direc...
jgocar makes great sense
our spike last year of well over $2 was the selling rumour, I would say when they discovered there was more coal to the tune of over 3.5 billion in all categories they opted out of selling or wanted too much.(well done dangerboy!)
Whilst we have a little short term pain due to short term thermal weakness and euro, the final prize will be filled with a little more shine
Which company has excess capacity at port (with room to expand as per ridley ceo), shorter distance than Aust to Asia, and three potenial projects which could yield close to 20 mill p/a at full tilt?
None except cpl which is why David and Gill have joined.
I still think the 'finance' in Highland Park will shine through as evident from last years spike. Just closer to production when our measured and indicated is over 2 billion,binding rail and regulatory approvals decided for phase 1/2, Vista extension PFS completed and South.
Once thermal comes back into focus and we settle finance which you would have to think is sorted to some extent with the public announcement of a new 'gun' ceo, well watch out coal industry caue we will be leading the charge by 4 lengths.
IMO
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