Doubt it...huge demand for coking coal and thermal coal from India in the next 20 years...and Mozambique is more accessible for India than Mongolia.
Shareprice is being supressed by people who took up the entitlement offer at $9.40 exiting for a small profit as soon as they can (which is today).
These exiting recent purchasers should thin out in the next week or so.
is this the "coal elephant" stomping on riv?, page-2
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