I put some punting money into HUN on the basis that they would surprise to the upside on the coking coal.
IMO thermal coal is a big yawn and there are truckloads of alternative plays closer to infrastructure or producing.
At circa $250m in a landlocked country with a single country buyer (until they can access the seaborne market - many many years from now) HUN may well be priced for perfection and like WangChung I have moved on with my ST punting money looking for the next speculative play (vs. my long term holds).
Cheers and good luck to all here John
HUN Price at posting:
$1.23 Sentiment: None Disclosure: Not Held