What is more important about Hazelwood is that it was built back in the 1960's and was out of time by any measure and was based on Brown Coal which is the lowest coal rank and the dirtiest coal. Coking coal also has a significant demand in Europe, not just Asia. ATU has a tier 1 world class resource that is totally undervalued at present. GLTAH I will not be selling. There is only upside in my view.
ATU Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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