Coal looking like it's starting to pick up again... @bat14 , in...

Coal looking like it's starting to pick up again...

@bat14 , in another thread you mentioned that they sell at discount to newc price? Can you elaborate? Or steer me in the direction to find further info?

i understand forward sales, how much have they given away at a low cost? People have commented this moves with the coal price, not management.

well if it's on its way up, how much of a hedge is there to clear before the upside? I was kind of impulsive taking a position yesterday. Really should research more first. Still not too worried as I'm long.

lets see how long I need to be ...