Selling coal assets at the right price is still likely to be difficult, despite President Donald Trump waving the 'all systems go flag'.
Sometime in the next 6 to 9 months WEC will need more cash and the Arbitration in Singapore has an uncertain result and time scale to a decision.
The South African coal fines production hopes seem to have stalled with no agreement in place for coal fines deliveries.
The Phillipson tenement coal delivery hopes from North South Australia to Southern power-stations has gone quiet.
The market cap at 4c a share is under $12 million and the company is now a micro-cap. Hopefully MD Brian Flannery can install his experience and wave his magic wand as he did with White Mining Limited and Felix Resources, between 2004 and 2009.
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1 | 495464 | 0.090 |
1 | 3936 | 0.085 |
1 | 296201 | 0.080 |
2 | 666600 | 0.079 |
Price($) | Vol. | No. |
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0.105 | 46373 | 2 |
0.120 | 100000 | 1 |
0.130 | 500000 | 1 |
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