Just to monitor our potential / market play, particularly for Coking Coal:
Five Star Equity report from the other day:
'... "We project they will reach a record 285 million tons in 2012 as the country increasingly looks to the seaborne coal markets," said Boyce at a recent conference. "We expect global metallurgical coal use to increase 25 percent by 2016, translating to an additional 250 million tons of demand growth, with the bulk of increases led by China and India."
The demand for coal has also been rising in India as their production levels have failed to meet the country's growing demand. The Centre for Monitoring Indian Economy predicts that India's coal imports will rise 28 percent this fiscal.
...'
http://www.marketwire.com/press-release/james-river-coal-and-patriot-coal-surge-on-strong-foreign-demand-nasdaq-jrcc-1675809.htm
Firm believer that CC prices will remain high, given increasing demand!
BHP has noted this in the past. Mark has our 'finger in the right pie' :)
Cheers :)
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Last
$1.36 |
Change
0.010(0.74%) |
Mkt cap ! $1.733B |
Open | High | Low | Value | Volume |
$1.36 | $1.37 | $1.33 | $9.286M | 6.867M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | $1.35 |
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Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 1.350 |
3 | 16088 | 1.340 |
2 | 17480 | 1.335 |
7 | 39000 | 1.330 |
1 | 2000 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.360 | 7947 | 1 |
1.370 | 17000 | 1 |
1.375 | 10000 | 1 |
1.380 | 15000 | 2 |
1.385 | 7000 | 1 |
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