Hi HP,
GNM - i think the issue is mainly around pricing i.e. as they sell their product to its parent COKE NRE who is still their top shareholder. Although its market related, it may not be clear enough to the market.
However with its planned ramp up in production this could easily be >$2 within the next 12-18 months. Latest coverage had a DCF valuation of $1.01.
More of a bottom draw type of stock.
Cheers
- Forums
- Commodities
- coking coal plays - juniors
Hi HP,GNM - i think the issue is mainly around pricing i.e. as...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)