global coal demand on the rise

Peabody Energy is on the radar, with latest push into Mono!

Check the news as presented by PE:
link : http://www.peabodyenergy.com/pdfs/Q111EarningsRel.pdf

GLOBAL COAL MARKETS AND PEABODY'S POSITION
'This quarter we saw continued evidence of coal's global supercycle,' said Boyce.
'Global demand is rising and supply remains constrained. We believe coal fundamentals will
remain strong for decades, even as other energy forms are proven too expensive or too limited
to provide reliable low-cost energy at significant scale.'

and:

"increased coal use for steel mills elsewhere in Japan and Asia, coal-fueled power plants
within Japan running at higher utilization rates, and increased European coal demand as
some nuclear units are taken off line for extended inspections."
+ :
"China is expected to bring approximately 50 GW of coal-fueled generation on line in
2011, representing more than 175 million tonnes of additional coal use."
+ :
"India's thermal coal imports increased 33 percent in the fiscal year just ended and the
nation is planning to increase coal-fueled generating capacity by 25 GW in 2011. Indian
officials believe that by 2017 the nation will require an additional 250 million tonnes per
year to meet demand. Metallurgical coal imports are also expected to increase to serve
growing steel production"

So I believe we have great potential, as a developing company, which has quality mgt and team / consultants,
fantastic connections, great resource potential ~ know SOME minor detail in Mono which appears to head to world-class resource? ~ and Indo's location for the Asian / Indian demand forth-coming!
I'm just letting this sink in, dyor & correct me please if I've read incorrctly :)

Have a nice day.

Cheers :)