The coal story today is a global story, and Indonesia is no exception. While PT Tambang Batubara Bukit Asam (OTCPK:TBNGY) ("Bukit Asam") offers some of the best volume growth potential of any coal company and attractive cheaper-to-mine coal reserves, weak global coal prices have weighed heavily on the shares.
I believe this is a good time for risk-tolerant investors to consider a company like Bukit Asam. It will be difficult for countries like Indonesia, China, India, and Vietnam to reach their growth ambitions without expanding their electricity output and coal is likely to remain the backbone of those utility infrastructures for the time being. Moreover, Bukit Asam offers exception volume growth potential over the next few years and...
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