YAL 2.47% $5.40 yancoal australia limited

thanks. can’t see that happening until Russia gets sorted given...

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    lightbulb Created with Sketch. 298
    thanks.

    can’t see that happening until Russia gets sorted given that the Russian coal is heading to China instead of to Europe/jkt, displacing the lower quality indo coal which had been going to China, which is obviously the reason the lower quality coal hasn’t run up the same way the high cv stuff has.

    but I think if putin backs down or a peace settlement is reached, I think we probably have to jump from the coal train for a while regardless.
 
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