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Petr Paukner forgets that OKD is now making an alleged profit of over 1 billion CZK every 30 days now.
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26 Nov 2016 American Peabody the biggest private coking thermal coal miner in the world went bankrupt in April 2016 from low of 77 cents. In the past few weeks Peabody has exited it's past “bankruptcy petition” and look at those massive share price gains!.
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25 Nov 2016 JSW Poland expects coking coal prices to fall in 2017. Notice massive share price gains +700%!. JSW I would speculate their cash cost are around the 70-75 Euro a tonne.
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MB Friday 25 Nov 2016 Coking coal up to $308.80 Us Dollars a tonne
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OKD 24 Nov 2016 offers Paskov workers up to 80,000CZK per worker if they are willing to relocate to any of the other 3 OKD mines. OKD must be making a profit to afford to pay the workers this allowance of money and their severance pay. I am correct?????
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Friday 25 November 2016. China National Development and Reform Commission (NDRC) is now allowing coking coal mines to work 330 days and this could adding up to 7800000 extra coal per month to the global market.
Well I do hope everyone including the Czech Government and OKD is listening to what China's NDRC is planning. Coking coal prices will not stay at these lucky and very high prices for to much longer. Maybe I could speculate Q1 2017 will be peak price for coking coal. Thermal coal prices I would speculate will and already have started to fall to more normal levels.
Best of luck to us small insignificant share holders of New World Resources. May those who have wronged us, face immediate justice and be forced to pay us a massive amount of compensation.
Please don't forget about us most humbled small normal working people that are shareholders!.
Note: Please can the editor keep a copy of the IP Address of the posters in this wonderful forum. I allege some are AHG Group, Bakala informants and have used or made fabricated evidence.