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Ann: Consideration of Sumatran Coal Project , page-15

  1. badvibes
    62 Posts.
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    18/08/09
    18:53
    Post #: 5523801
    Mate - it all depends on coal quality which dictates coal pricing, the strip ratio which varies from one mine to another and logistics. No 2 mines are the same.

    Check out IB Daiwa's announcement today to take an interest in a coal mine in Kalimantan. Could these 2 events be related? Could IB Daiwa be ADD's joint venture partner?? IB Daiwa did not prove itself smart in taking a stake in ADD in the first instance. What do you make of this?
    ADD Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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