NHC
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2.74% $4.87 new hope corporation limited

re: Ann: Presentation to Analysts - Half Year......

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  1. ndpjai
    1,676 Posts.
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    27/03/14
    15:40
    Post #: 13181822
    re: Ann: Presentation to Analysts - Half Year... http://www.smh.com.au/business/mining-and-resources/glencore-xstrata-shuts-down-ravensworth-mine-20140327-35kb4.html

    Even Xstrata cannot cope with this ridiculous thermal coal price of around $75, I think the last man standing will be NHC due to its $1 billion cash buffer.

    If thermal coal prices go down, sure NHC will also go down. Lets see anyone buying at close of today price or surely tomorrow also this one goes down.
    NHC Price at posting: $2.92 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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