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0.00% 3.2¢ native mineral resources holdings limited

sun111,Some good insightsHowever, BHP's coal division can't and...

  1. Denial
    5,503 Posts.
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    24/01/13
    10:08
    Post #: 11328523
    sun111,

    Some good insights

    However, BHP's coal division can't and isn't making money at current prices. Indeed, none of the top 3 US producers are likely to make a profit. I reckon there in only 1 ASX listed coal company capable of doing so at present (which I won't name in case of being accused of cross-promotion).

    Unless coal become the new zinc this and many others are very leveraged to the price recovery now predicted in Q3 2013


    NMR Price at posting: 2.1¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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