Feels like we've seen the bootom of the cycle. This buying feels like buyback boy is being restrained... but it's not just here, the entire market feels good right now.
. We all be wanting to see a spike in met prices, and it must be getting close to the MAC response time from AAL to BTU... I'm sure it's been 10 days. If Moranbah North does go offline, that's a serious bit of torque to the met coal price. Its difficult to separate broader market moves and people front running this met move if Moranbah North really is going offline for an extended period. Certainly not the time to be short. The longer we hear nothing from Anglo & Peabody, the more we're likely to see up moves... but what would I know... I'm a stupid munter who drives Hilux...
WHC Price at posting:
$5.52 Sentiment: Buy Disclosure: Held
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