UNV 0.00% 16.0¢ universal coal plc

I'd be happy for api4 to just settle at $70-75 and stay there......

  1. 4,703 Posts.
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    I'd be happy for api4 to just settle at $70-75 and stay there... the higher up it goes the more I worry about people coming back online to flood the market and another crash back down. I would be far more happy that supply remains somewhat constrained and demand is sustainable at 70-75. Maybe if we had a 3rd or 4th mine up to take advantage of the price, but rather plug away with the coal price at $70s and demand for all our product without too much excess supply capacity trying to come back online.
 
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