The only reason I could come up with the selling from yesterday is tax loss selling.....
Nothing wrong will the company guys, we are awaiting the news, not one but three......Based on the Ann's and geology of shsngan, it is more likely than unlikly that Nru will find more high quality coal....
The coal ash can be washable, no doubt, but just to what extent...... those who say nru is dead or think, please use your... mind to consider the whole quality of the coal and make asdumption of best and worst scenrios then.
Recently chinese domestic coal mine company lobby government tk higher the tariff for coal importing, but uncessful......you think why? I hate to repeat....
Coal is trading and consuming all over china, why dead? Just lower quality will be eliminted any way.
At this price level, sb treat Nru like nothing, down is less chance than up,to me.
I will soon be top 20, honestly.
worst and best case scenario for shanagan, page-7
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