Hi Von
Agree with your reflections on management.
Here is latest from Citi on coal forecasts -hot off the press this morning for your information. Just their view but is in alignment with what you have sourced elsewhere...
"Coking coal has been downgraded to US$113/t in 2015, US$127/t in 2016 with
thermal coal downgraded to US$55/t in 2015 and US$64/t in 2016.
This update also reflects Citi’s recent oil price and A$ downgrades
If Blackrock has finished selling for now, page-21
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