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Official reason acoording to the article belowis that BHP wants...

  1. northroo1
    651 Posts.
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    06/02/11
    15:43
    Post #: 7849174
    Official reason acoording to the article below
    is that BHP wants to focus on its existing operations in South Africa.

    http://www.miningweekly.com/article/bhp-puts-coal-prospecting-rights-up-for-sale-in-sa-2011-01-31

    In my opinion we are not at the top of the cycle as far as coal prices go.
    CCC Price at posting: 81.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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