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"Pike River might actually do something in the upcoming year."If...

  1. Sentia717
    8,087 Posts.
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    26/08/09
    09:37
    Post #: 5555591
    "Pike River might actually do something in the upcoming year."

    If you are interested goatpointer and others I have posted on the PRC thread a very newsy news article that appeared today.
    Well worth a read.
    One interesting point is that PRC are investigating sending some small shipments (20-30,000 tonnes) to the Indian shareholder/steel makers to get some cashflow and keep the Indians sweet I guess too.

    So if that happens then that would be a positive mpve in the right direction.

    Article also shows the problems of "globalisation" ! The steel tracks for the German coal mining machines were made of inferior steel in Asia (Thailand ? Vietanam ? forgotten for the moment...have to read the article)

    So a boost to PRC's image with small shipments could help NZOG's sp along with some success in upcoming drilling season.
    NZO Price at posting: $1.36 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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