Mr Lau added, “We have set ambitious targets and have the resources to deliver on those targets. The target of the Group is to continue to make strategic acquisitions of coking coal mines to grow our production capacity to 5 million tonnes per annum in the next 2-3 years.”

---- The End --- Reuters reported that China paid for a shipment of coking coal at a price higher than the benchmark price, which could transform the global market for the key steel-making ingredient Group to increase production capacity of its Jiao Zhong coal mine to 900,000 tons by 2011 to cater to the anticipated demand – Abterra Ltd., (“Abterra”, or the “Group”), an emerging supply chain manager of resources and minerals in Asia Pacific, is likely to benefit from rising coking coal prices.1 dated 28 June 2009, it was reported that China's steel production is soaring way over estimates and the country has paid for a shipment of coking coal at a price higher than the benchmark price, which could transform the global market for the key steelmaking ingredient.

if you can hold for long it will be good.

They can hit their potential maybe by 2011, when they increase their coal mining.

weird.. it takes quite some time for the mkt to react to such gd news though.. Retail in China was reported up a few days ago but S-chip stocks such as CHHX, China Sports and Eratat did not go up.. yet.. 

Hmm.. guess it'll take a while.. but still, i'm vested here..

Wow u sound so convincing on this baby. Haha.

Ok lah, let me check out more on this baby tonight. N see if tomorrow should go in a not.

Share that move slowly is healthy gain and can sustain its price. Just compare the recent sell down. It didnt affect this share much. 

If you read the recent LianHe Zao Bao. The HK company SWAP 200++ million share at $0.12 cents sg dollar per share. 

Lets Huat together :)