I agree and disagree, there will still need to be investment in supply even if demand is flat and coal is eventually replaced. Many mines are underwater as is and many more are coming to the end of their mine life. Prices will need to rise to attract new supply regardless of declining demand. Existing supply simply wont be enough. Low quality high cost supply will be first to go. PDZ's low cost high quality product will be in demand for many years to come IMO.
PDZ Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
