Coal price is not going to come back under $US120 foe at least 12 months in my opinion, based on fundamentals of supply/demand. There is no supplier holding back manipulating the market like oil or uranium.
all these upgrades to targets of $2.40-$2.60…. What price are they basing this on? In what universe is a company making a cool billion in free cash annually worth only $2.5 billion?
Target $4.61, page-1217
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