ECT 20.0% 0.2¢ environmental clean technologies limited.

Ann: Advice re Share Purchase Plan , page-43

  1. SP3
    18,710 Posts.
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    Iomtt

    We should point out that ESI managed to sign this deal at a time when the price of thermal coal has crashed from $200 to $40.

    But even at $40, VC will still be able to make 100% profit. I doubt if any black coal mining company will be able to compete with that margin.

 
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