CEY 0.00% $6.16 centennial coal company limited

pandelis, page-4

  1. 2,565 Posts.
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    I seriously doubt this. Chinese coal prices have stabilised recently, and China uses the majority of their coal for domestic consumption.

    Environmental/safety regulations in China have forced shutdown recently of many small coal mines throughout the country.

    In a move that defies the logic of the statement of China flooding the market with cheap coal, Felix confirmed that a certain "party" was showing keen interest in the company.

    This is almost certainly likely to be the Chinese Yanzhou Coal Mining co.

    But if you have a link to the chinese flooding of the market with cheap coal, it would be good to have a look - can never be blind to both sides of the story.
 
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