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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (40977)1/9/2011 4:38:24 PM
From: DinoNavarre  Respond to of 78748
 
Spekulatius, they pretty much doubled their coal output in H1.

See

asx.com.au

asx.com.au

Pure Hard Coking Coal play,(so far), IMO difficult to find these.

They have an aggressive growth plan, upgrading both mines and delivery infrastructure to the port facility, increasing coal output (I believe the target is for 6 MTPA by FY15, that would be equal to or slightly above estimates of India's total 2010 HCC imports) and adding additional value by increasing the amount of their coal resources/reserves that can be mined.

IMO, I think that the company/stock is not well known by investors outside of India/Australia, hopefully that may be changing!

The last information I could find (4/2010)
about shares held is:

Gujarat NRE Coke Limited = 75%

Financial institutions = 15%

Others = 10%