No Sellers

There are basically no sellers of stock in this company.

Should be a fun ride up over the next year or so. Watch for the jerky increase from current 11c to fair value in the high 25-30c range i would say.

The turnaround in earnings that occured H2 FY15 just need to be maintained (not even increased) in H1 and H2 FY16 for this to move up substantially I would say.

Sentiment in commodities has hit rock bottom can only increase from here as per the earnings graph for this company shows with the recovery in earnings happening in H2 FY15.

Exposure is mostly to coking coal. There are limited coking coal deposits around the world, Australia's being top grade. Most of the large players (BHP, Rio Tinto) while they may not be as bullish on Thermal (which will turn eventually) they are more bullish on the near term for coking coal.

Any thoughts out there?