PZC pan asia corporation limited

Sorry,I donot wanna put any negative comments here. But since...

  1. 6,330 Posts.
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    Sorry,I donot wanna put any negative comments here.

    But since requested, I just list my concerns:

    1, Depth--the coal seam thickness >1 meter, always below 200m underground, some below 400m+, looks no good.

    2, Coal quality figure is doubtable.

    VM 41-42%, no good but acceptable, but coal price discount applies for sure

    Fixed carbon only 40%

    Should be tipital Sub-bituminous coal, I nearly cannot believe such low FC can produce 6-7000Kcarl coal.

    However , just my personal, non-professional views.
 
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