tipsheet buyers monday., page-7

Crackpot

I wouldn't worry about what the spot price is doing now. Spot for CC isn't like that for iron ore with very limited volumes getting traded on spot. Quarterly prices still at $143 which is still a healthy margin if their cost forecast are right or if they can drop their costs with an improving yield and upping the ash content a few points.

longer term forecast still very bullish for HCC. all I can say is its a great time to be in the study phase rather than a producer. IMO aya is positioning itself to be at the front of the queue when the market turns with some of the lowest CAPEX / OPEX numbers amongst all its peers including ATU and no permitting issues