example of coal producer P/E ratios
Macarthur coal - 11.92
Centennial coal - 18.72
whitehaven - 7.32
average of these would be around 12.5
at 1 million tonnes a year JAL should make 13 or 14 million NPAT
12.5 x 13 = 162.5 million market cap ($2.56 a share)
that is eight times the current price
get in now, sit on it for the medium term and you will be greatly rewarded.
canadian thermal coal is a hot commodity
