------ New Hope, based in Ipswich, Queensland, will continue to focus on coal acquisitions, Millner said today in an interview on the Australian Broadcasting Corporation. If we cant find anything in coal, well have to go and look somewhere else.
Going forward, theres a real shortage of particularly pulverized coal in the world, and most of the ports around the world are constrained by capacity, so I see a good future for coal, both thermal and PCI coal, Millner said. ------
COK Price at posting:
45.4¢ Sentiment: Buy Disclosure: Held