your right. Mongolian coal stocks and the coal price in general, looks set to rerate. this is just the start imo, the entire coal sector has been completely wrecked with the press, analysts talking rubbish and beared out public staying away. There is no way, coal will be replaced for decades and Mogolia is sitting 3 steps away from China. I am amazed that a larger coal player has yet to step in and mop up these smaller ones before the general market wakes up to itself again. dyor
NRU Price at posting:
4.0¢ Sentiment: ST Buy Disclosure: Held