Two more coal firms announced juicy profit and production upgrades yesterday. Add that to what the Dow did (see further down), and coal companies are possibly looking at some affection from investors later today.
But before we get to that, we’re wondering: what’s a coal miner worth?
Don’t bothering asking the ASX. It doesn’t have a clue. We see heaving, chopping coal charts everywhere. Investors in Felix Resources (ASX:FLX) are thoroughly seasick by now.
