CEY 0.00% $6.16 centennial coal company limited

re: 1/2 yearly - comment roidz ? Thanks Roidz,l think it may be...

  1. 616 Posts.
    re: 1/2 yearly - comment roidz ? Thanks Roidz,
    l think it may be more to do with Anvil Hill and the risk of cost blow outs, similar to Millenium. Costs are rising in the industry and even though they have hedged some contracts there should be a margin squeeze. This change over period from Powercoal mines to Anvil Hill will be a risky strategy - instos will head for the hills.
    If the offer from Xstrata is good the market might cheer up a bit.
 
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