They could actually have enough cash to enter a JV to develop African coking coal assets. This is where they will make money. Africa if fully developed could generate $2 billion of profit a year. Coking coal is less susceptible to price movement.
A rail network would only cost $50 million.
They could actually have enough cash to enter a JV to develop...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $152.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 18.5¢ | $301.0K | 1.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1022487 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 318997 | 33 |
View Market Depth
| Last trade - 13.26pm 16/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |