Thermal price headed sub $100. As I've mentioned previously, Trump will establish peace and remove sanctions on Russian resources. Futures traders will dream of this, sh*t their pants on this realisation and sell off coal like it's a deceased estate. Excess supply still online thanks to marginal profitability worldwide. Puppy love for nuclear will have its own downward impact on price while growing demand worldwide may be offset by domestic coal extraction near the plant. Why import tomatoes from overseas when I can grow them in my backyard? Careful not to overestimate the need for "clean" high quality coal. Only highly urbanised areas with coal plants care about this.
WHC Price at posting:
$5.57 Sentiment: Sell Disclosure: Not Held
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