DDzx, how do then explain all the sub class M&A and JVs that has occurred over the past 2 years and even as recently as a few months ago with the RCI deal? Are all the recent inside industry buys into the EOC story misinformed?
EOC's assets sit in the bowen and are far superior to many of its peers that will require significantly higer capex and opex (deeper and less consistent seams).
Indeed, look at most of Tinkers coal assets. Would you swap for many of these new mergered assets despite his ability to spruik the market?
Suggest you still give Tim a email as ask about the coal specs to clarify your specific concerns.
EOC Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held
