As usual, a subjective comment from you... you dont happen to work for Noble do you? Same charactoristics....
Glencore announced on June 28 that it has reached an agreement with its joint venture partners BHP and Anglo American to buy both of their 33.3 per cent shares in the Cerrejón thermal coal mine in La Guajira, Colombia, becoming sole owner of the mine. The company said it expects to pay US$230 million for the combined two-thirds of the asset.
RES Price at posting:
6.4¢ Sentiment: None Disclosure: Held