The barriers to new supply of O&G should be positive for existing producers in M-L term.
That said, I hope CRN does not look to buy coal assets at this point in the cycle, prices are double what they were 2-3 years ago and for many years before that. Better to optimise existing assets and produce as much coal as you can to supply a favourably priced market.
The barriers to new supply of O&G should be positive for...
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