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Walter Energy Inc WLT



NYSE:WLT - Post by User

Post by JBBmineron Jul 30, 2011 1:04pm
205 Views
Post# 18890317

coal miners

coal minerscomparing TCK results to wtn's mines.
Tck's net profit from their coal in BC was $127/ton

assuming northern mines do 1.8mil tons and southern mines do 2.0 tons
1.8 @ $127= 228mil
2.0 @ $127 (maybe a little low because of the premium they get) = 254mil

Could be some off charges, however they are well managed mines.
228+254=482mil for the 2nd quarter.
482/63mil shares is $7.65 earnings  analysis are currently at $4
would be a great catalyst if they hit $6+
GLTA
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