Ian Synnott
Ian Synnott
coal event loss time
Any time you have a disruption, you have a loss in (coal) production. But I don't think this will be an event that shuts down the coal industry.
production remove tight
It would remove some production from an already tight market.
buying james pay prepared private rather sure
But I am not sure how much someone would be prepared to pay for James River, rather than buying a private company.
coal large market pressure reacting talking
There has been a lot of pressure from large shareholders. The market is reacting well to it...everyone is talking about consolidation (in the coal industry).
cheap coal compared demand fuel
The demand for Appalachian coal is strong, and it's cheap compared to other fuel prices.