I am not a shareholder but I am attacted to yield and low PE. It is only a small company not many shares traded per day.
Gordon Galt as chairman is interesting as he was also from Nucoal and Discovery Metals last year.Both disasters.
Still they contracted to White haven coal to move Longwall machine to new block and achieved this on time and budget at Narrabri. I believe this is pretty technical stuff and requires skill so I have respect for workers.
Work ahead has fallen in short term but long term prospect are good.
DSB Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Not Held