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0.00% 16.0¢ universal coal plc

No idea. I am new to coal. Thermal coal prices I've seen are...

  1. nobullnotOzzie
    819 Posts.
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    09/05/13
    21:17
    Post #: 11745606
    No idea. I am new to coal. Thermal coal prices I've seen are about $80 a tonne, but I don't have a clue when it comes to things like no. Joules per Kg although I understand the more Joules of energy per kilo must make it more valuable. I just get the feeling Eskom is sucking off the economic rent here. Governments do not want you to have an ROCE greater than 15% otherwise they feel they are paying to dearly for your capital.
    UNV Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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