I can't help but think that Peabody's takeover of Macarthur Coal has implications for BTU.
http://www.reuters.com/article/2011/08/30/us-macarthur-idUSTRE77T0A120110830
Some of BTUs 'associates' (UBS, Citic Group) get a mention too.
Will BTU be next ? Methinks the timing is almost right.
No up/down ramping. Just thinking out load.
Comments anyone?
DYOR as always.