RE: Floods dont kill the coal.Floods do kill the coal . How flooded roads , railways , makes open pit mining very tough to work in , Under ground mining ( flooding shafts ) etc. As the stock piles are depleted and ships can't be loaded the supply has to come from somewhere .
Spot market supplies right . Don't think for a moment they aren't sell their coal . Bet ya they stepped up their production .If a big short is coming I'll be awaitting . Don't think I have to really worry as my average is now 1.76 per share and always ready to move it up with another 200,000 or more . Just wait for a bottom .