After a relatively stable 12 months, CZA stocks stocks set to make a return to the high of april-may 2015 of $6.5 a share. This is because of an upcoming deal that is to be made in China regarding a contract between Coal Of Africa and the Chinese Government. Simply put, China needs more coal to fuel its ever growing expansion, and the cheap Coal that comes out of Africa is the perfect candidate. Now is the perfect time to buy shares, as people may be looking to make 200-300% profit in a relatively short amount of time Maple Archgate is a new company founded in the heart of England
UPDATE, CZA are looking to expand to other BRIC countries aswell as just China alone, This may go through the roof!
Well I find it interesting how some people can spend their time researching African coal companies, but I guess that is why these people are making the big bucks. I tend to avoid investments that are so outside of anything close to what I am used to knowing about, but I think that it would be a cool idea to invest in something like this...best of luck to all of you.
Hi Maple Archgate, what's the upcoming deal between CZA and Chinese government? Cza currently not a producer and China trying to curb production so appears a little far-fetched!
Hence why I have put ' upcoming deal ', The website itself says Extension to offer to may 20 2016. Also the website says ---emerging developer--- I'm putting my bets on it, just trying to help people! You can think its far fetched but I know it isn't!
The 20 May deadline refers to the reverse takeover of Universal Coal that has been playing out for some time, and nothing to do with China. If you read the RNS you would see that.
