PRC 0.00% 61.0¢ pike river coal limited

analyst's opinion, page-6

  1. 41 Posts.
    Agreed, no chance. Just like the shale oil adjacent the great barrier reef. Open cut would be economically marginal at best anyway considering a strip ratio greater than 50:1 under some pretty solid rock.

    I am thinking it may reopen but only after another 12-18 months of investigation, recovery and redesign. And they will be calling for another cap raising around 80mill which will be done at 20-30 cent range maybe lower.
 
watchlist Created with Sketch. Add PRC (ASX) to my watchlist

Currently unlisted public company.

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