CLR carabella resources limited
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It would provide some support to the local coal sector for sure....

  1. Denial
    10,383 Posts.
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    04/03/13
    13:29
    Post #: 11493879
    It would provide some support to the local coal sector for sure. Most valuation models done with much lower AUD in mind (i.e. 95c FY14, sub 90c FY15). It's more than just the margin you make it will also assist in attracting direct foreign investment.

    If it stays above par into FY14 then it'll be a long slow toil

    CLR Price at posting: 34.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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