With nearly 2.1 billion tons of coal reserves, we are among the largest holders of coal reserves in the United States and our reserves can support over 75 years of production at our current production level. We operate four mining complexes in the Illinois Basin.
Two of our mining complexes use highly efficient longwall mining systems. This highly productive mining method coupled with the favorable geology of our coal has resulted in our mines being among the safest, most productive and lowest cost underground coal mines in the United States.
Contacts
Cody E. Nett Corporate Secretary 314-932-6105 Investor.relations@foresight.com Cody.Nett@coalsource.com
JAVELIN GLOBAL COMMODITIES https://www.javelincommodities.com/news/new-commodities-trading-enterprise-launched https://www.youtube.com/watch?v=kSeJWoCZXCE 11/20/2019 Article - Analyst predicts $3.00 short term - https://marketseat.info/2019/11/20/is-it-time-to-watch-stock-foresight-energy-lp-nysefelp/ https://www.sj-r.com/news/20191210/council-members-consider-extension-of-cwlp-coal-contract Article date 12/10/2019 showing Foresight bidding for a 5 year contract worth upwards of $200 million for the city of Springfield utitlities. Competing directly with Arch Coal, but Foresight has bid $2.72 / per ton lower than Arch Coal. Why is Foresight Energy able to bid so low? Because we have the lowest production costs in the United States.