CEY 0.00% $6.16 centennial coal company limited

any info please, page-8

  1. 1,950 Posts.
    aurthur 95% of cey production is thermalcoal and 5%coking coal of the 95%thermal coal production 50% is sold to a local power company on a long term fixed price contract with cpi increases the contract finishes in 2013 .the other half is subject to the recent price fall of between 6% and 8%. the 5% of coking coal production is subject to the forecast 8% price increase .so cey is fundamentaly sound and largly protected from the rising aussie dollar and falling thermal coal price and should rebound when full year earnings are announced .regards wrongway
 
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