Phased out? That is the language the allowed us to buy this stock at $2. China and others have added to their fleet, with increasing world population. Understanding that baseload cannot be met for their population size. That’s thermal and we are not in that space, but I am reserved.
But we are Met, and so I have not seen anything outside of tabloid rhetoric to suggest this is phased out. If so, I would love to see your chemistry and values behind this that will come within any reach of displacing Met coal. My background is chemistry so happy to read anything you throw my way.
So, the question is, what does your phase out look like?
I have also spoke with engineers in companies such as shell (in their renewables transition department) to ensure longevity of their brand, yet they have no solution to what the media is suggesting.
So I see no supply, and demand remains the same, if not improves…
CRN Price at posting:
$2.13 Sentiment: Buy Disclosure: Held
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