Ernie Thrasher seems to think its a good buy.
He has coal running through his blood.
The Chinese will ramp up their infrastructure spend which will mean more steel and with the current tariff situation they will definitely be buying more coking coal from Australia and not much from the USA. Ernie is in the right place at the right time.
The response to the GFC by the Chinese was increased infrastructure spend and that result in record coking coal and iron ore prices.
B2Y Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
