how massive can this be, page-12

Well to help clear my mind a little, couple of sources for my + thoughts:

Quote :
link : http://www.investingdaily.com/tes/18461/high-energy-long-term-supply-and-demand-for-oil-and-metallurgical-coal.html?cigx=d.kac,stid.4074,sid.265712,lid.7,mid.2444

""Although oil prices command the most headlines, coal prices have also run up considerably in 2011, bolstered by extensive flooding in Queensland, Australia that closed approximately 75 percent of the coal mines in the state and shut down key transportation infrastructure. Queensland accounts for much of the country�s metallurgical (met) coal production.

Australia sells roughly 80 percent of its black coal production to overseas markets, making it the world�s leading exporter of the commodity. The country accounts for more than half of the international trade in met coal, the variety used in the iron and steel industries. As you can see in �After the Flood,� the average weekly price of Australian hard coking coal has skyrocketed in the wake of the devastating floods.

... (( This is where the graph is, with rates in feb 2011 at $335 US /t))

That customers have been willing to pay such exorbitant prices for met coal underscores the strength of global demand, particularly in China and India, which, together account for slightly less than one-third of Australia�s exports of coking coal.

In the near term, these elevated prices ensure that producers such as Peabody Energy Corp (NYSE: BTU) don�t suffer too much from decreased output. But the long-term growth story also remains attractive: Demand for Australian met coal will only increase as emerging Asian economies continue to develop.

In fact, according to Peabody Energy, global consumption of met coal will grow by 600 million metric tons over the next 10 years, with demand in China and India leading the way. As the coal super-cycle unfolds, the price of Australia�s high-quality met coal will continue to climb.

Investors should continue to add exposure to names that will benefit from tightening supply and demand in the global oil and coal markets. Not only will this strategy pay off over the long term, but as recent developments suggest, any temporary hits to supply can also lead to impressive short-term returns. ""

Quote:
Source : http://www.proactiveinvestors.com.au/companies/news/7719/hunnu-coal-walking-among-giants-in-tavan-tolgoi-coking-coal-field-in-mongolia--7719.html

"" Hunnu Coal walking among giants in Tavan Tolgoi Coking Coal Field in Mongolia
Tuesday, June 08, 2010
By acquiring a 60% interest in the Buyan Coal Project, located within the giant Tavan Tolgoi Coking Coal Field in Mongolia, Hunnu Coal (ASX: HUN) is aiming for a slice of a potentially huge resource endowment in Mongolia.

The Tavan Tolgoi Coking Coal Field is estimated to host over six billion tonnes of coking and thermal coal in the South Gobi region of Mongolia.

Other mines in the area include, Energy Resources LLC's mine which hosts two million tonnes of raw coking coal from its UHG Mine, located five kilometres to the south of Hunnu�s Buyan Coal Project, while the Mongolian State owned Erdenes MGL LLC owns the surrounding five mining licenses with identified resources of approximately six billion tonnes of coking and thermal coal.

The Tavan Tolgoi Stock Holding Company, listed on Mongolian Stock Exchange, also mines raw coking coal and exports to China.

With the Buyan Coal Project acquisition, Hunnu Coal is taking its place within one of the world�s great coking coal fields. Existing infrastructure is in place and plans are advanced for the construction of a rail line.

Hunnu Coal has lofty aims to become a "major" in the exploration and development of coking and thermal coal deposits in the world class South Gobi coal province. ""

Therefore, in my basic thought pattern, Hunnu is great!
However, dyor, and enjoy.

Cheers :)