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Cheap? Just because it spiked recently doesn't mean it is now...

  1. Zxc
    3,421 Posts.
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    28/11/08
    08:41
    Post #: 4550577
    Cheap? Just because it spiked recently doesn't mean it is now cheap. Do some reading and you will see that many countries including SA are trying to increase production of coal and other countries are prepared to buy more coal (i.e. India). It is the price in 2-3 years that is relevant to us and signing up to an Eskom contract in the near future might be selling yourself short.
    RES Price at posting: 64.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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