With CEY's pre-GFC peak of $6.40 and a closing price of $4.05...

With CEY's pre-GFC peak of $6.40 and a closing price of $4.05 yesterday, that's just 36% down.

Surely with global thermal and coking coal demand on the rise and CEY's profile becoming significantly more export oriented, a future peak (in a perfect commodity storm scenario), would you not think $10 is not out of the question?

CEY's resource base is the largest of the independents (until MCC & GCL successfully merge).