I doubt it, whilst I'm invested here in coal I'm am also heavily invested in coal production in china. Hense get to read what is going on behind the wall. Coal production is up and imports are down, more to the point coal imports into china are expected to be down further 17% over the next 12 months.Now I'm not saying we wont see a few shipments but they are hell bent on supplying their own use and there is no change on that, every quarterly report says it over and over. and its happening. The way things are going it will take another 2 years to achieve. Production tonnage would blow your mind, we get excited over NHC reaching 10m tonnes, they get pissed when it falls below 400m tonnes and that's just one company.And we think closing a couple of mines down will save the world ..
NHC Price at posting:
$5.93 Sentiment: Hold Disclosure: Held
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