Playing the long game Down Under
Tim Hands, Grant Thornton, Australia.
It is an undeniably tough time for coal miners. Prices for both thermal and metallurgical coal are at multi-year lows and recent production cuts by major miners have not done enough to limit oversupply.
A recent 2014 Grant Thornton survey of Australia’s junior miners confirmed this view. It found:..........
http://www.worldcoal.com/special-re...oration-and-mine-development-review-coal1980/
I like the last paragraph.
coal will bounce back hard and fast
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