It's the buyer that's understands the coal industry . His not trying to get rich over night . He understands that the market is way down and coal is further down again .
He understands indepentdent technical reports and knows that the very large coal seam of at least 24 meters wil rise and fall . The coal jorc that shows coal at 150 to 300 meters will rise and fall .
He understands coal to strip ratio is very low 1 to 7 ( 24 meters times 7 )
He understands that the coal will at least bring 90 dollars a tonne .
He understands drg have 6 million with close to another 1.4 million coming in from trinity
Lastly he understands the coal industry and can read reports .he doesn't get discouraged from people who write negative comments because they don't understand coal
It's the buyer that's understands the coal industry . His not...
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Last
$1.82 |
Change
-0.030(1.63%) |
Mkt cap ! $2.136B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.84 | $1.80 | $5.169M | 2.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 56503 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 6164 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |