well...if by "history repeats itself" you mean that CCC will climb to $.90 like it did in Jan/2011 i'm ready to sacrifice few extra $$$ on them.
Fundamentals:
- two operating profitable mines
- own processing plant
- easy access to rail
- presold coal
- positive cashflow from 4Q last year
- banks willing to lend for a new project
- coal hedged at a considerable premium to current
contract price
- experienced management willing to trimm down the cost
- world wide demand for coal expected to grow by 30% by2020
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