CEY 0.00% $6.16 centennial coal company limited

yaaayyy for the day, page-2

  1. 3,698 Posts.
    average volume is about 1.7 million. 1.5 million went through today.
    But there could be some buying tomorrow. I went to the general meeting and discovered that I didn't quite understand the company.
    It is not really export oriented and beholden to coal prices like others.
    There are about 15 mines and if one is down they can get coal from another.
    They are extremely lucky to have ease of access to a port at the moment.
    Most of the coal is thermal coal and it is tied up in long term contracts of up to 12 years.
 
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Currently unlisted public company.

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