BRL 3.31% 78.0¢ bathurst resources limited.

Is 14 cents the tipping point for BRL?, page-89

  1. 26 Posts.
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    Moose you risk being called a Goose !!

    Charting against standard movement in stocks performance is fine and you provide useful graphs and analysis, however you ongoing attempts at trying to correlate the platts coking coal forward curve with stock prices remains inaccurate and shows your lack of understanding of this stock and the hard coking coal market and its subsequent supply & demand dynamics.....

    For example why is the HCC stock starting to recover......is it the shape and texture of the charting patterns....NO !! It's because the rail network in North Queensland is about to embark on a serious maintanence programme and the line capacity will be reduced by up to 20 % in the next quarter.....hence the JSM's are buying additional HCC from North Queensland which dominates Seabourne HCC supply chain.

    Thus demand is greater than supply !!
 
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