RE: oil price decline19 Nov 2014 09:51
Massive cuts in the price of Coal would effect GKO alot more. Thats not going to happen in India as there is almost a ' fixed ' price for getting it to India or out the ground. I genuinely think this is a very positive share on a two to three year view. Results in early december could easily give the share price a 20 to 30p boost from the present 145 - 148 p range ! Well capitalised, Outstripping supply predictions, Building projects on target, favourable government support, and a guarantee that all GKO can produce will be bought. With India experiencing its own ' Industrial ' revolution these shares will go north IF EVERYTHING STAYS ON TRACK.