I think we also need to realise that we are in some pretty unusual market conditions at the moment. Recent results and annoucements aren't really being appreciated by the market becase of focus elsewhere.
For me, if Peabody are already in the area and actively mining then I see this as a long term approach. Even if it only gets up to the same levels as say ZYL (appreciating we are talking different countries and business operations) then for a few people in here it would be a 20 bagger.
Long term sit for me, short term gains are finished
DYOR
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.