UNV 0.00% 16.0¢ universal coal plc

coking coal assets, page-3

  1. 4,703 Posts.
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    market sees what's in front for this year or so... the coking coal projects are a few years out from being realised? Wasn't bernice-cygnus the majority of the coking coal and that was from memory listed as one of the very last projects in the timeline of bringing into production? CLose to 2020 from memory? So doubt the market is rerating based onthis. That said the whole coking coal reratings currently in logic don't really make much sense, anyone not producing at the moment is unlikely to see or know how long the current coking coal prices would last for. It certainly isn't logical to project these coking coal prices out for the next 4 years.. but hey if it re-rates the share price and gets us more money then I aint objecting.
 
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