dingo west alone is worth more than current sp, page-8

@ Orlando, i think it's pretty safe to assume stable thermal coal prices. Even if the sh*t hits the fan all those emerging economies will still want the lights to go on in all the new buildings, factories and houses they have built.

It's the coking coal price i would be discounting by alot, but even so your numbers are attractive. I'd be happy to see it > $1.00 at this point. If it stays depressed like this for another 6 months i think a takeover is inevitable.

Anythin nearing $1.50 and i'd probably be out too, but i'd be making close to 100% at that point.