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0.00% 0.1¢ continental coal limited

That it is radically, insanely, ridiculously oversold!RB coal...

  1. mihal
    2,681 Posts.
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    28/06/12
    03:03
    Post #: 10362656
    That it is radically, insanely, ridiculously oversold!

    RB coal prices rebounding

    Euro demand up, Chinese & Indian Imports up

    Thermal supply curtailments in numerous areas, like Russia & Indonesia (as coal price falls below cost of production)

    Penumbra developing well

    Current mines cashflow positive & Eskom margins robust

    News due on Botswana

    NTA 27.4c @ Dec 31 2011

    etc ...

    ---

    For the TA buffs:

    CCC Price at posting: 8.7¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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