Anyone remember Rio Tinto's foray into Coal in Indonesia?
They were the ones that established the coal resources on Kalimantan only for the Indonesians to turn around and screw them out of it. Rio were forced to sell it to Government controlled entities for a mere fraction of its worth. Happening now to Herald also with their lead/zinc.
Refer to:
http://www.atimes.com/atimes/Southeast_Asia/EG24Ae01.html
So add a big discount onto any valuations for the political risk.
May go up due to the efforts of rampers but not a long term prospect.
- Forums
- ASX - By Stock
- CAG
- share in 35bt tonnes of coal...mkt cap 16mn...
share in 35bt tonnes of coal...mkt cap 16mn..., page-8
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAG (ASX) to my watchlist
|
|||||
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.50M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3618 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 4128 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3618 | 0.175 |
1 | 9500 | 0.155 |
1 | 24965 | 0.140 |
1 | 10000 | 0.105 |
2 | 20000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 4128 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.13pm 06/09/2024 (20 minute delay) ? |
Featured News
CAG (ASX) Chart |
Day chart unavailable