JIDThe coal is saleable as a thermal product at the very least,...

JID

The coal is saleable as a thermal product at the very least, and as Trader23 says, its borderline coking coal. I think that you can't escape from the fact HUN is pushing the upper limits of a reasonable valuation at the moment as it is, so unless everything is peaches, it starts looking like a lemon.

They haven't lumped everything into the same category; the bit at the end was just a PR rehash of their achievements stating their total resource inventory now exceeds 400MT - perhaps not terribly well worded. Complaining about this is akin to complaining that Fortescue doesn't have all its eggs in one basket. So what?