GCL
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0.00% $3.54 gloucester coal ltd

I agree. I have the ABN Amro report dated the 10th Dec 2004 and...

  1. pski
    998 Posts.
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    22/02/05
    16:59
    Post #: 802716
    I agree. I have the ABN Amro report dated the 10th Dec 2004 and they had a target price for GCL of 2.45. They estimated that if GCL is able to extend the mine life then it would be worth approximately 50c a share according to ABN Amro calculations. Now if we factor in the new long term contracts and the rise in share price of other coal companies I think this one may still have some upside.
    GCL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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