More Importantly the question is how many companies in the market for this type of coal have 1.5 billion in cash or credit- maybe 7, some have already done deals, some will have other issues and one (1) the customer has signed the deal. The price of the coal is irrelevant, it is the lost opportunity cost of NOT selling the coal that we should congratulate LNC on.
Sure you might be able to pinch another 100-500 million, but the world is going into a depression, cash is king- well done PB.
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