CEY 0.00% $6.16 centennial coal company limited

other than production, I bought this one at an average of $3.25...

  1. 9,235 Posts.
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    other than production, I bought this one at an average of $3.25 and that was based on the factthat all their long term price contract (at ridiculously low prices) are soon coming to an end (cannot r'ber now the exact date) and they can then reap the benefit of the massive increase in the price of coal soon....

    that should be a big carrot for any Indian / Chinese company luring around for a quality coal play with easy transportation and huge resource....

    It sure has legs and it can move, that is what I have learnt from this one in the last few months....plan to hold on to it for the long term...
 
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Currently unlisted public company.

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