AUO austral coal limited

austral coal, page-3

  1. TDF
    102 Posts.
    clock Created with Sketch.
    11/09/04
    16:23
    Post #: 577160
    The fundamentals are very attractive from a financial point of view. The thing that holds the share price back is the company is a one mine company, and an underground one at that.

    At 55c its trading on a prospective pcf multiple of 2, exceedingly attractive, but the market has memories of Gympie Gold, another one coal mine, underground, company. went bust over night when mine caught fire.

    I hold a small amount of the prefs.

    Still waiting for proof of increased prodction from the new long wall miner. If production jumps, then share price should too.

    Regards

    TDF
    AUO Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Couples and cash: How to stay aligned with your finances
right-arrow Created with Sketch.
NEWS The Watchlist - Hear from ASX leaders!
right-arrow Created with Sketch.
WCE West Coast Silver defines near mine high priority targets defined at Elizabeth Hill
right-arrow Created with Sketch.
PSC Prospect Resources: Strike Extensions to Nyungu Central Copper Deposit
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
TMG Antimony and defence are perfect partners. This stock stands at the crossroads of both
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.