Take a look at latest forward consensus price for thermal and PCI coal with a matched flat US$/A$ rate ... https://home.kpmg.com/content/dam/k...price-fx-consensus-forecast-sept-oct-2018.pdf
PCI pegged to loose US$20, 15 then 5 per tonne over next 3 years.
And this is while A$/US$ rate holds flat.
Thermal US$15, 10 then 5 in same timeframe.
The forward price forecasts may provide a reasonable lead indicator of where share price is headed IMO.
Personally I'm dumping (already mostly gone) on coal companies from portfolio.
DYOR and make self-informed decisions.
Take a look at latest forward consensus price for thermal and...
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