CEY 0.00% $6.16 centennial coal company limited

looking great at these levels, page-6

  1. 98 Posts.
    You guys have got to be kidding. Here is a company with its largest producing mine Newstan (3.5mt) crippled for an unknown period. Struggling with production issues at most of its mine sites and the only growth on the horizon is high cost start ups like anvill hill at $500mil plus. All the synergies from Powercoal purchase have been used up. The production from those mines are locked into low value contracts mostly less than $40 per tonne. Currently things are certainly not going their way and remember increased capacity is coming on line from the big boys every day thats why the coal prices are falling its all part of the cycle. Handle with care.
 
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