Opinions
James Hodgins
Royal Coal
RDA-X
TOP PICK
Apr 21, 2011
An emerging company in the Appalachians of purely thermal coal. Growing production by about 50%. Being overlooked because it is a new listing and also because they had some legacy contracts at lower spot prices. These are rolling off this year. Consider the 50% increase in production plus another 50%-60% increase in their realised prices. Feels the EBITDA they could generate this year is in the $40 million range. No debt.
$0.230
Stock price when the opinion was issued
Mining
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