re: 1/2 yearly - comment roidz ? Izalokar,By the reaction of the...

re: 1/2 yearly - comment roidz ? Izalokar,
By the reaction of the market so far it would seem they are not approving of the new direction the company is taking. One of the main attractions of CEY was the annuity style income of the power supply contracts by selling Newstan and the other mines CEY now becomes hostage to the general markets ups and downs. It sreally quite funny but the Roger Leaner the Morgans analyst still quotes how well CEY top management are regarded in the industry yet when they come across a mine suchas Newstan that does require Good management they cut and run. By the way the word is Xstrata have a solid bid on the table as well as 2 chinese cos. its worth more to Xstrata as they own the lease next door and we havent cut coal this week because of more obsolete equiment failures .
Cheers,
roidz.