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Re: bb72mo post# 750

Wednesday, 06/13/2018 11:50:38 AM

Wednesday, June 13, 2018 11:50:38 AM

Post# of 923
The coal prices($64.15)* are on fire......
Matched or exceeded 2013($63)/2014($60) historical prices,when txhg q revenues peaked at $1800K(4q,13)/$1236K(3q,14).Will peak q revenue this year tops $1236K??I believe it is VERY LIKELY and the $1236K may be TOO CONSERVATIVE.
* Northern Appalachia Coal price
A bit more:
2013 cost=68% of revenue
2014 cost=73%
......
......
2018,1q cost=86%
2018,2q cost=81%
MILLION DOLLAR QUESTIONS:
2018,e3Q cost=??
2018,e4Q cost=????
Again,I believe the trend is on our side,moving DOWN toward the 75% mark.$$$$$$$$ knocking on the door.Wooowwww.