TER 0.00% 18.5¢ terracom limited

Back through 20c - not too far away, page-16

  1. 122 Posts.
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    this stock is CRIMINALLY undervalued. it has basically sat out the entire coal rally (despite the move last few days). I have a substantial position, and think it is worth somewhere between 40-60c even under very conservative price assumptions (-60% spot over next 3mos lets say) as debt paid down is converted into equity value.

    meanwhile, it looks like the Chinese 'price caps' basically would ensure record, record high profitability for any seaborne thermal coal player, for the foreseeable future.

    https://www.globaltimes.cn/page/202110/1236983.shtml
 
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