Garry & Sarah, Don’t let the fact that thermal coal is currently in high demand beguile you in to believing it’s future is as attractive, and by the way thermal coal is not used in steel making.
Once thermal coal has been put firmly on a steep reduction path greater focus will turn to the same for oil. And importantly I am not assuming that the free market will be allowed to get the price of oil. As in the past powerful forces will likely override this. That is why I remain optimistic for Dorado, but don’t hold the same optimism for early stage exploration projects away from infrastructure.
And imho CVN greenwash investment is a load of rubbish that you are blind to. EL
CVN Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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