He's got a reason to b on cloud 9, about time he sells out like Talbott did for MCC shareholders, while the company's on a high b4 the tide changes, over-supply aint good either.
When u get a chance chk out the ann'mnts from MCC & NHC, these 2 rivals amongst other coal miners also had triple digit % profits.
The entire sector seems to buoyed by 1 thing, price of coking/thermal coal, so matter if u produce 2 mtpa or 4.6 mtpa, as long as there is a contract with a buyer out there (and of course low debt), u'd expect to see these sort of returns which is good news for shareholders.
cheers
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1 | 82050 | 0.175 |
1 | 14634 | 0.170 |
1 | 11262 | 0.165 |
1 | 44238 | 0.145 |
Price($) | Vol. | No. |
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0.200 | 70937 | 1 |
0.205 | 27010 | 1 |
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