It looks like theyre going to need more of it as a deficit coming in supply. If PR cant manage this then maybe a company who can use it will. Could the undisputed part be sold complete as it is? Given the predicted increase in value over the next few years?
plus note I see Celsius coal involved in a report just last month that says there is a widening coking coal deficit in Xinjiang, not that far away. 50% price increase by 2017 report says. 12%+ increase per annum. Just need to get it sold or out the ground . Manas coal? now I have asked before about them and still today they seem elusive. Still hold here, bottom drawer stuff but the deficit in coking coal coming is interesting.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.