PRC pike river coal limited
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getting there....

  1. Bernard99
    1,097 Posts.
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    14/09/10
    21:00
    Post #: 7197357
    First of all congrats to Peter Whittall - our new CEO. Good to see that they promoted someone from within the ranks who knows "first-hand" all the teething problems we've had....

    The other point I am very pleased about is the strengthening of the A$ vs NZ$.

    At the moment NZ$1.25 = A$0.975

    That, combined with today's SP increase means that the options are only 12.5c away from being "in the money" !!
    (Rabblerouser, I am relying on you to audit my calculations!)

    Just watch PRCO fly once we reach the magical break-even point
    PRC Price at posting: 85.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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