Coal of Africa Forum

50p?? you must be joking guys - sheep mentality.

And the volumes! Unbelievable over here at the JSE.. I think some of the big buyers are now entering considering the low number of deals comparatively.

yes im in but at a huge loss - did pick up a few at 2.75 tho

nowhere near production of course but coke prices must be higher in 3 - 4 years time and the big users need security of supply.

Yes the CEO is a class act and has experience of runnning a huge business. hes also invested in the company big style. a winner

Not sure. But I did read somewhere that other Coking Coal miners (Aus and US) are shutting down and retrenching. I think Chinese steel demand is falling, but India's is picking up... Also, IMHO the major issue here is DB's management - brilliant. Maybe the Chinese might be interested in buying now that all the legacy issues are sorted and the resources are plentiful and of high quality?

mm something is going on - china uping its stake?

just topped 3 mil in volume over here through 163 deals. Average about 18404 per deal on the JSE. Not bad; hopes she keeps going...

only a handfull of 100k transactions

5% spread