GUL 0.00% 7.0¢ gullewa limited

When details of it's jv coal deal in Qld is made known to the...

  1. NLR
    558 Posts.
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    When details of it's jv coal deal in Qld is made known to the market I don't think you'll see 5c again.

    GUL saw a little activity yesterday - volumes still low but
    noticed a 1,000,000 order appear on HGL buy side this morning (HGL are major s/holder of GUL & have a vast area of coal tenements in Qld thru their subsidiary Bundaberg Coal Pty Ltd - IMO this is the jv partner.

    Also waiting on confirmation of GUL's NSW coal licence

    DYOR......
 
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