I know your question was probably rhetorical but as far as I can tell its all based on the fall of met coal, and over the last couple of days thermal. Also people are thinking it's going to get worse based on whats happening in china.
If you believe this is all short term, I think all the news from the company is really positive. There is a little negativity on cost of production but I think that has been misinterpreted.
My opinion is, given stability in coal prices, we will see prices go considerably higher after first half results if not before (where we see the first time year on year net profit goes higher (due to Daunia and Blackwater) rather than lower since the fall from those insane coal prices. I have been buying today.
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