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0.00% 45.0¢ carabella resources limited

The coking and thermal coal price is expected to continue to...

  1. commodorecontrarian
    1,694 Posts.
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    28/04/12
    13:37
    Post #: 10101530
    The coking and thermal coal price is expected to continue to fall with many projects being put on hold - see for example:

    http://www.smh.com.au/business/old-king-coal-gets-knocked-off-its-throne-20120427-1xpzf.html

    The CAPEX flagged for CLR makes it especially vulnerable, imho.
    CLR Price at posting: 82.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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