PDZ
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0.00% 26.0¢ prairie mining limited

$624 million rescue plan

  1. deMevesy
    19 Posts.
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    04/05/16
    19:30
    Post #: 17678313
    $624 million rescue plan

    "...as part of a rescue plan to save the EU's largest hard coal miner Kompania Weglowa (KW) from bankruptcy."

    Looks like coal is important for poland... and they found investors for a "loss-making, close to bankruptcy" coal mine...

    I'm sure we will find an investor for a "money making, even at low coal prices" coal mine too!

    deMevesy
    PDZ Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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