CXY
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0.00% 0.3¢ cougar energy limited

my take , page-6

  1. Madrum
    1,944 Posts.
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    18/07/13
    12:20
    Post #: 12079089
    "factfinder=For what it's worth, using total JORC resources I'd see value as around 7c per share, and PCI only value around 3 cents per share"


    I like that factfinder, although given infrastructure surrounding mine and rising demand for PCI, that may end up a tad low.

    http://www.platts.com/latest-news/metals/Singapore/PLATTS-ANALYSIS-Asian-H1-met-coal-spot-volumes-27166102

    Add in India's projected growth in imports for 2014 and it looks rosier for high grades.
    CXY Price at posting: 0.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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