CEY 0.00% $6.16 centennial coal company limited

selmax please comment on cey, page-6

  1. jpv
    524 Posts.
    Hi Zurich name goes well with cey to me.
    Im not a chartist or even anything else really but their presentations suggest that if you can ride the swings by about 2013 they will be selling most coal o/s at better prices than nsw. Also they hold a lot of acerage which could become a gas/power play according to my hedge fund.
    Their only problem I can see is they think they can hedge against dollar and coal price but thankfully only in a small way so they will probably not destroy the whole company eg AWI or something a few yrs ago.
 
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