keep an eye on gloucester coal

Gloucester Coal due to report results any time now

As with other coalers they are enjoying boom prices.

Macarthur coal has today reported great results.... & GCL will also be excellent

But the real profits will come next year when they enjoy a full 12 months of the new coal prices

Based on current price their projected p/e ~ 4

GCL have a lot of upside from here IMO

I hold GCL

Caveat emptor

Bendigo