I agree snacks about its future prospects. Yes there have been a few hiccups and slight delays in getting to the coal and meeting their original targets (dates and production levels) but the quality coal is there and very much desired by the steel producers in India and other places.
So yes. It is certainly a company that is going to deliver. The present share price certainly offers some opportunity because it most probably will not be down around NZ$0.90 in 12 months time.
PRC Price at posting:
76.5¢ Sentiment: Hold Disclosure: Held