Australian (ASX) Stock Market Forum

WCI - Waratah Coal

Lucky_Country

Formerly known as ijh
Joined
30 June 2006
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A new liSting on the ASX been listed on the TSX and has big plans for a coal mine railway and port in Queensland.
Already recieved a takeover offer from Mineralology Clive Palmers private company.
Has alot of risks ahead of it Finance, approval from the government which has been denied for the new port and demand from China may also be under pressure.
Is coal still acceptable as an energy source is also to be taken into account.
 
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