all the coal companies have hit the skids in the last month auo has held up better than most of them .auo is also the only one with a pure coking coal production .as to the price settlements coal analysts expect the negotiations to be concluded within 4 weeks and for coking coal prices to rise by 8% and possibly 12%.the funding package auo announced this week was the last piece in the puzzle for auo to increase its production and profits ny price increase is a bonus .all the broker valuations i have seen for auo are in the .90 .95 cent range on current coal prices and assuming an a dollar at .60 to .65 .wrongway
AUO Price at posting:
0.0¢ Sentiment: None Disclosure: Held
