That is a very well grounded post. I agree with you in that we should never assume that Thermal Coal prices will stay at these levels long term.
I am hoping that by the time that Thermal Coal does take a hit that CCC will have a Botswana feasibility study complete showing low cash costs as this would also improve the outlook for CCC.
By that time I am also assuming that CCC will have plenty of other options up their sleeve as I have confidence in the management.
On a side note I also wouldn't be at all surprised to see an announcement over the coming month to do with an increase in port allocation in preparation for CCC's future mines.
CCC Price at posting:
81.0¢ Sentiment: LT Buy Disclosure: Held
