Dont think the seven deal really matters. Doesn't do anything...

Dont think the seven deal really matters. Doesn't do anything for them or their assets.
If they get their costs down and can surpirse on production (Big IF) will be a lot of catching up to do for CRN.

Brave short in my view. But maybe you have been in a while, in which case a great trade.

Despite the headlines Steel prices have started to bounce agian and Iron Ore catching a strong bid.

Thermal prices well supported with the bridge collapse, feels a bit like stars are aligning again for WHC. Must admit I'm a bit nervous about a pull back here though.