Reread the report and presentation, I think the only issue is coal prices going forward, they are forecasted a lot lower which anyone would think would be obvious but even with lower prices they are expecting to produce more, so even with lower earnings and the p/ e stretching out a bit it’s still a cash generating machine on a more realistic p/e, and there’s still the chance of a colder than expected winter and demand increase driving prices higher. Remember everyone thought iron ore would be back down but it isn’t.
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