thanks ailung for your detailed explanation which is much appreciated. So the trend is bullish for CEY in the short to long term. As for the price doubling each year I can see this as a strong possibility as CEY move to exporting more of their coal overseas & less locally where they can truly capitalize on higher prices. Anyway in case of a breach I will be waiting to pounce. I'm very tempted at the moment to continually buy CEY on the declines & probably not stop doing this until I deem it to be too expensive a stock.
Cheers, Pandelis.
--- The poster holds IPL, BHP, CEY & MGX --- this is my own opinion, seek professional advice and/or do your own research before making your big decision on this stock.
CEY Price at posting:
$5.11 Sentiment: Buy Disclosure: Held
