Opinions James West
Prophecy Coal Corp.PCY.TOBUYMar 05, 2012
Building a 600 MW power plant at the mouth of their coal mine. They have 1.4 billion tons of coal. Their best customer is themselves, which will use 2 million tons of coal a year. In the process of negotiating a power off-take agreement with Mongolia.
James WestOwned
$0.48
Stock price when the opinion was issued
$0.10
As of Mar 18, 2020. Market Open.
0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
TOP PICK
Had to basically retract their feasibility study on the power plant because the BCSC decided that because the power plant was dependent on coal they needed to do a 43101 update on the coal project. This sent the stock lower and it is extremely undervalued now.
James WestOwned
0
TOP PICK
Just issued news release announcing feasibility study for a Mongolian power facility right at the mouth of their coal mine. They have their own customer in themselves. It is a self-fulfilling prophecy. Already lined up the majority of the debt financing. No issue on equity side. Power generation going into production about 2016.
0
