Demand for coking coal is up until December. How can you expect the demand and price to continue until 2017?
China is stockpiling on short/forwards/puts/options/whatever keeps them ahead of the markets.
Oh, surprised as you may be, how is it China can report GDP numbers after a quarter, before the West(USA).
And of course Australia requires numerous overseas trips to establish made it bete FREE TRADE deals.
Well, fair dinkum mate, fair suck of the saveloy, these "pricks" are selling us out. How many have quit, or resigned in recent months? 24 million against China and India, AUSTRALIA needs a potent protentionist stance.
Menzies made this country great, Whitlam made it better, then Keating totally screwed everything up, including the plans of Bob Hawke. 4 more years of Hawke, would have made Australia a better place. He had a plan.
So, do you really think in your wildest dreams, that this demand for supply of coking coal is going to continue,
dream on. Just another play by the Politburo with the YUAN/Remimbi, supply/stockpiles.
Bag me all you want, but let's see how all the "lovefests" affect GHG, CO2, emmissions blah,blah,blah.
Keep on buying the stock, for future excitement/disappointment. GOOG LUCK.
YAL Price at posting:
24.0¢ Sentiment: Sell Disclosure: Not Held
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