The world's demand for high quality coking coal will outlast Royal Forest & Bird's appeal options and cash.
Accummulate while you can. Only in retrospect do we have 20:20 vision.
"Urbanization trends in Asia are leading to continued growth in metallurgical coal demand. China is projected to have 15 million to 20 million people move into cities each year over the next decade, requiring significant infrastructure investments. The company expects growing steel requirements to drive a 200 million tonne increase in global metallurgical coal demand by 2017 with Australia sourcing a significant amount of that growth."
From: http://www.coalguru.com/north_america/peabodyenergy_updates_on_global_coal_markets_and_position/8982
The world's demand for high quality coking coal will outlast...
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