With the low coal prices I guess there is not really any need for urgency this has gone from long term to ultra long term for me. The big players in Aus have scaled right back putting future projects on the back burner and turning out the lights on others.Hopefully a squeeze on supply will eventually swing back in our favour but 2014 certainly looks like a write off. I would probably consider getting out now if I hadnt been burnt on a couple of other stocks with enough losses to offset for the year already.
BRL Price at posting:
16.0¢ Sentiment: None Disclosure: Held
