I maybe being a little optimistic....but I think the selling was overdone yesterday...I wouldnt be surprised if it dips further this morning (for the people selling who expected trading to start today) followed by a steady rise during the afternoon.
The results are good....not coking coal but still good Thermal coal and with China a stones throw away transport costs will be cheap making the eventual mine pretty economical.
I'll hold for a while.....and hope for the best
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