bfs due in 2 weeks (confirmend)
numbers looking attractive even with current coal price
were selling coal at around $150, and its costing us somwhere around $110-115 to produce. that = PROFIT
some of our piers are producing at costs of $160 + thats why there is panic. some of out holders just down know our situation and are in PANIC mode!!!
ok so next quater and perhaps the one after we can sell our PCI @ 120$.. its ST pain for LT gain. were still NOT LOSING money and looking at expanision into the future which still looks STRONG. theres no doubt about that.
COAL IS THE KEY COMPONENT IN FUELING ASIA!
OCKATOO IS A LOW COST PCI COAL PRODUCER COMPARED TO A SIGNIFICANT NUMBER OF OUR PEERS. I HOLD LONG TERM
bfs due in 2 weeks (confirmend)numbers looking attractive even...
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