What a relief in this hostile environment. Indonesians flooding the market with thermal coal, from new mines in Borneo, China in a doom spiral, etc.There was a cyclone but it called in elsewhere. Not out of the season yet, so far so good they don't arrive here every year. Indonesia is reportedly cutting back somewhat sensibly and a number of Bowen Basin operations are looking at shutting down for a while, rather than operate at a loss. That would be a nice kick up the backside for the Brisbane political bloodsuckers' plans.
Ann: BCB on target to achieve FY guidance despite adverse weather, page-7
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