Thanks for the response. Good to hear your comments and I agree with your comments regarding why Anglo sold Dawson, let's hope we are not wrong.
I have done a little bit of research comparing UCG and CSG and my game plan is to play both CSG and UCG stocks, but I have a mid-term view on CSG stocks and a long-term view on UCG stocks. I base my theory on the superior energy extraction of UCG (CSG gets 1-5% whereas UCG can get upto 75%). I also believe the enviornmental effects of UCG and CSG are debatable, time will tell.
There is plenty of research out there as to the differences between UCG and CSG. I will let you make up your own mind.
http://www.coalnz.com/index.cfm/1,460,985,0,html
Again, I am happy to be corrected and I am hoping for some well deserved success for WCL.
WCL Price at posting:
55.1¢ Sentiment: None Disclosure: Held