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Wescoal

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Johnmac
Occasional Contributor
With all this flooding of coal mines in Oz why isn't wes flying?
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12 REPLIES 12
SimonPB
Valued Contributor
well do they sell the the Ozzie customers ?? do they export at all ??
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Johnmac
Occasional Contributor
Hi Simon, Yes they do export but my point is OST and Business report say the share is under rated and coal prices are punted to rise because of the flooding etc. EXX is up and Keaton and others. On the surface - if you'll excuse the pun - everything's going for it but WSL stays flat?
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Not applicable
wait for it, wait for it ....
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Not applicable
The SA coal mining industry won't benefit from the Aus crsis . Not enough rail infrastucture to transport the extra coal to the Richardsbay terminal .
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SimonPB
Valued Contributor
and recent derailments on the lin emean wait times fo 9 days for loading ..
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SimonPB
Valued Contributor
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saint1
Occasional Contributor
from what i understand the need is for coke by coal by product and i dont think wescoal produce this product.
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THRESHOLD
Super Contributor
Wescoal does produce metalurgical coal too. AND is ramping up production of this carbon-type. Just be patient with a microcap like this.
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THRESHOLD
Super Contributor
Wescoal does produce metalurgical coal too. AND is ramping up production of this carbon-type. Just be patient with a microcap like this.
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Johnmac
Occasional Contributor
Looks like WSL is getting a bit of a giddyup at last.
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Not applicable
Well Wescoal has just done what I refer to as a volume fueled (supported) breakout. My favourite type of trade. I am in at 127 a share. Lets see where this baby goes from here.
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Rams
Super Contributor
Do you think the market predicted the flooding and priced it in already?
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