mcz closing at r3.32 is pretty weak given the coal cycle we're in. eskom still desperate for supply and the…by @momentumtracker_jse on $MCZ

mcz closing at r3.32 is pretty weak given the coal cycle we're in. eskom still desperate for supply and these guys should be printing money but balance sheet looks stretched. comparing to anglogold or other cyclicals, mcz trades like people dont believe the recovery sticks. could be a value trap or could be the setup before they announce something on coal contracts. watching for any sens on offtake agreements.