Well they came in broad daylight and were sent packing. Get...

Well they came in broad daylight and were sent packing. Get 'real' Peabody, OS raiders will have to learn they will need to start paying their dues if they intend scooping all the cream from OZ waters, they need to SUBSTANTIALLY get this offer over $20 IMO, DYOR

quote from the Bloomberg post . "Japanese steelmakers agreed to pay 89 percent more for Macarthurs low-volatile pulverized coal, UBS AG analysts led by Sydney-based Tom Price said in a report last week. Mills will pay $170 a metric ton for three-month and six-month supply contracts starting April 1, UBS said. BHP Billiton Ltd., the worlds largest coking coal exporter, this month won a 55 percent price increase for the steelmaking ingredient from JFE Holdings Inc.s steel unit. JFE will pay $200 a metric ton on a three-month contract, up from $129 a ton a year ago. The contract was used as a benchmark for the industry.
The steel market will grow by 9.2 percent in 2010, on rising demand from the U.S., Japan and Europe, the World Steel Association said in October.
Peabody said Jan. 27 it plans to sell between 240 million and 260 million tons of coal this year, compared with 243.6 million in 2009, driven by demand in India and China. Red Hot
DYOR but this Co has good assets that are wanted!!!!! Go to back of queue please ,US - Peabody.