With inflation and a global shift in energy market pricing, the potential for $20 is real. Myself, I don't think it will happen before Christmas, however, over the next two to three years, the slow creap towards twenty dollars is a very real possibility. Macroeconomic factors across geopolitical boundaries may also influence the speed and distance that the price will travel..With inflation well under way now, it's clear that we're not going back to coal at $50/t as we move forward. In another thread I put forward the idea that the coal price will settle at somewhere between US$275 and US$480 per tonne. I still stand by this call. With extraction costs of under AU$100/t it's a very real possibility that we will see a share price of $20 in the next year or two.
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