they have the funds now. so nothing but poorly researched an uninformed opinion in my view. if they get the equipment and get the teamsteers on board, the later which is the key risk in my view (which is just a matter of wages growth), then they will be fine. diluted now, but a very portable outfit potentially. did you know that when central EU gas storage is at 95%, which it is at now, it satisfies germanys demand for 20 weeks not 52, so let's not overrate the US LNG calvary. France and Italy much the same, so that is the bulk of industrial EU. The Newcastle (best quality thermal coal) futures are not coming down materially anytime soon.
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