Just glad NHC as a low cost producer will still be printing money at these lower coal prices. A reasonable PE ratio seems forever out of our grasp.
On the other front, it is getting hard to see the energy policies as simple ineptitude.
The costs, on everyone in this country, are huge.
And they are baking in those costs.
So much for reality slapping ideology in the face.
GLTAH.
Ann: New Acland Stage 3 Update, page-65
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