if it is genuine can see the sp hanging around in the .3's for long..........
someones gone to a lot of trouble if its a hoax me thinks - anyone registered and sought further info?
in other news --- nice 2M buy just gone through
is it just me, or were they not showing yesterday also?
We have been mandated to sale mining rights Greenland and Iceland. This process was already completed by our client and announced publicly (and we can share the public announcement as one of the owners of this mining rights is a public company). However, heavy delays on the completion of this agreement with this buyer has forced our client to seek an alternative buyer and it has mandated our firm to do so. now who could this be i wonder?? any ideas?
any of the new buyer getting nervous yet...could be down to 0.50 when news is released - just like last time
BHP bullish on coal demand, but says prices to remain weak
World’s No. 1 miner BHP Billiton (ASX, NYSE: BHP) (LON: BLT) said Wednesday it expected demand for coal to keep growing over the next 20 years, despite prices are likely to remain low for a while, as a consequence of oversupply. Speaking at The Committee for Economic Development of Australia (CEDA) in Brisbane, the company’s coal chief, Dean Dalla Valle, said he expects most demand growth to come from outside China, which has been the primary driver of global commodity prices in recent years. The nation currently accounts for about 50% of the world's coal consumption. “Over the next couple of decades we expect global growth in demand for both energy coal and metallurgical coal," he said. Although "the likes of India, a country not overly endowed with metallurgical coal, [is] anticipated to be the most significant source of new demand" for coal used in steelmaking, Dalla Valle added. When it comes to prices for the commodity, however, the executive provided a rather grim outlook, as China, the US, Canada and Russia have been flooding the steel-making market, and new player Indonesia has swamped the energy market, causing prices to plummet. "It's tough out there. It's hard to see any relief in the short term certainly when you have such strong supply," he said.
World’s No. 1 miner BHP Billiton (ASX, NYSE: BHP) (LON: BLT) said Wednesday it expected demand for coal to keep growing over the next 20 years, despite prices are likely to remain low for a while, as a consequence of oversupply. Speaking at The Committee for Economic Development of Australia (CEDA) in Brisbane, the company’s coal chief, Dean Dalla Valle, said he expects most demand growth to come from outside China, which has been the primary driver of global commodity prices in recent years. The nation currently accounts for about 50% of the world's coal consumption. “Over the next couple of decades we expect global growth in demand for both energy coal and metallurgical coal," he said. Although "the likes of India, a country not overly endowed with metallurgical coal, [is] anticipated to be the most significant source of new demand" for coal used in steelmaking, Dalla Valle added. When it comes to prices for the commodity, however, the executive provided a rather grim outlook, as China, the US, Canada and Russia have been flooding the steel-making market, and new player Indonesia has swamped the energy market, causing prices to plummet. "It's tough out there. It's hard to see any relief in the short term certainly when you have such strong supply," he said.