gmail.com
(Coking coal prices jumped $ 11 / mt to $ 125.50 / mt CFR China Low Volume for the week just ending Friday the 19th August 2016 the largest to Increase since February 2011, and a price level not seen since September 18, 2014. So lets prey and hope , wish for this rally in coal prices to continue. And yes Even Paskov owned by New World Resources must be making a profit now Because Coking coal prices at around the $ 110 euros a tonne mark. Last year Cash Costs Were Euro at $ 100 dollars a tonne. They have now but Real Employees and production at Paskov ?.
www.platts.com/latest-news/metals/singapore/metall ...
Also 5500 Coal calorific value thermal coal in China is now 20 August 2016 priced at 75.15 US dollars a tonne.
Also please correct me if I am wrong. Would I be wrong to assume that most of the 13,000 Czech workers that work for New World Resources/OKD have own own some shares of this company. Why are we all being treated like it was our fault about the Bakala paying his sell big diveneds, cash capital returns, loading the company with excessive amounts of debt. I am unsure if these debt bonds, sercured and notes are linked to real money or just a derivative traded on an Exchange. Also he lied in IPO the initial public offering, about the real estate 40,000 appartments near Ostrava. And also big lies about the coal reserves of New Word resources in the 2008 IPO.
Good luck to all shareholders inculding me and let's pray together for this rally in coal prices to continue and for the Czech Goverment and owners to do the right thing by us shareholders.
