zyl doing well in a difficult market, page-2

Yes Chooky, we have held up relatively well. I'm VERY happy with being exposed to anthracite, especially when compared to thermal coal. I've been looking at a few companies exposed to the South African thermal coal market, and it's not pretty reading. Quite often it's low quality coal, and the main electricity generator, Eskom, seems to pay bugger all for it. I also think that thermal coal will face strengthening headwinds from gas. Shale gas could mean a real paradigm shift in energy markets in the years ahead.