I couldnt give two hoots about independent coal reports.
Im independent and Ive given you my take on things.
Did you see AMX 16 July presentation where they had a number of broking houses valuations. They subsequently released an updated presentation a day later which removed the valuation becasue it made a few (actuall all) of the broking firms look a little silly given their current share price.
Take away story is 'even the professionals and so called experts get it wrong' At th end of the day, market valuations are somewhat subjective and so what one person thinks, another might think is totally wrong.
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