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Re: Ponch73 post# 877

Thursday, 05/31/2018 10:35:27 PM

Thursday, May 31, 2018 10:35:27 PM

Post# of 1138
Sustainable? You know that we are talking about commodities...eh? More precisely......coal. But let me get to the point. The current Australian and Chinese climate is very hostile(in some ways..more so than the current U.S./China situation)..and currently compounded by this:

https://www.smh.com.au/business/companies/coal-exports-dispute-could-inflict-a-2-billion-hit-on-queensland-s-state-budget-20180529-p4zi5g.html

extracted:"In response Aurizon, which has a monopoly on the state's coal rail network, has now said it would have to change its maintenance practices, leading to a reduction of up to 20 million tonnes in Queensland coal exports a year - or about 10 per cent of total exports."

North Korea will soon start exporting to china(once again). If Erdenes Tavan actually floats that 30% and builds what it plans to build.... then they have that seaborne coal trade by the balls(if they so choose to).

I am going to stop right there for now(and so much to say)......but remember when I say this....clean coal is good coal....and washed coal is even better. Will be back a little later.

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