Director Vincent O'rourke is the lonesome buyer of stock these...

Director Vincent O'rourke is the lonesome buyer of stock these days - amongst the directors. Fracking has had disastrous consequences for coal use and the only way forward, in the coal sector it seems, is to buy coal mines from distreassed companies at very low prices indeed.
WEC - so far so good with Mountainside Coal.

Upgrading coal is expensive as is coal fines and WEC must see if they can sell their South African coal at a profit.
CZA have seen their stock price collapse from around $3.50 to about 9c and shows the coal business in South Africa is very tough going.

Fortunate to have loads of cash at the right time to upgrade coal production at Mountainside and may get a chunk more in 2015 from the dispute with Bayan.

Quite a strong hold at 15c despite the unresolved problems and hopes that should reach fruition a few years down the line.