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2.33% 22.0¢ terracom limited

It seems King Coal is back!

  1. nqspirit
    64 Posts.
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    28/09/16
    14:09
    Post #: 19478411
    https://www.australianmining.com.au/news/coking-coal-prices-to-remain-high/

    "Coking coal volatility is off the cards, with prices likely to remain high after recent rallies, Goldman Sachs believe.
    China’s recent plans to dramatically slash its coal output by reducing its mining and steel sectors has driven metallurgical coal’s price through the roof, seeing the spot price double to more than US$205 per tonne."
    TER Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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