RE: Hot off the presses.Brazil has always been on top of my list as both a potential customer and buyout suitor of New Elk.
It just make too much sense. Geographical proximity, strong Real and weak US dollar, expanding domestic economy, deficient in coking coal, upcoming world events like the Olympics, the World Cup and related infrastructure buildout.
Hmmm, I wonder how Thyssen Krupp is doing with coking coal supply chain for their newly completed state of the art steel mill in Sao Paolo? We know Thyssen Krupp has Ken Bates personal phone number. I wonder.