I'm still bullish on thermal coal - some how I don't believe demand has stopped and mine depletion isn't a problem in china over night.
when EER starts delivering on resource, infrastructure, feasibilities EER will look a lot different and these announcement can come quick together.
Gvk AMCHAM presentation
http://hancockcoal.com.au/download.cfm?DownloadFile=C31565CE-1372-5CE6-246BC88993CEA4E7