Prospective coal miners are beginning to rise and the QLD floods maybe the catalyst with tightening supply and rising coal prices as a result.
One would think FSE will be on the radar of those looking for a speculative coal exposure in what could be an interesting 2011 for pre production miners.
2.5c looks very juicy and if one scans their eye over another coal speccy MNM which had traded at 2.5c only months ago and closed yesterday at 13.5 one can see the potential here.
rising coal prices
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024