SP3 - if PDN and FMG can do it then why can't ESI?
try this fact
FACT - PDN and FMG own the resources they are mining and therefor they have a license to print money if they can dig it out and ship it in a cost effective manner.
FACT - ESI don't own any coal. They rely on partnering with others and working off a license basis.
For example - ESI are receiving a few dollars royalty for each tonne mined using their method if the Loy Yang gig gets off the ground.
FACT - if inflation takes hold and prices for coal spike wildly, who benefits from this arrangement. I will give you a tip - not ESI.
FACT - if inflation takes hold FMG and PDN will be laughing all the way the way to the bank. As they own the resource and receive all the upside.
FACT - some people just don't like facts. They are happy clappers.
- Forums
- ASX - By Stock
- ECT
- appendix 3b
appendix 3b, page-55
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1 | 426 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
58 | 30865495 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11612184 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
58 | 30865495 | 0.002 |
29 | 40986532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 11408389 | 22 |
0.004 | 5736852 | 8 |
0.005 | 3716859 | 24 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
Last trade - 10.02am 13/09/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online