Peabody Energy Corporation (BTU): BTU ANNUAL REPORT - Page 42 Officially R...

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Sunday, 11/15/2020 4:59:23 PM

Sunday, November 15, 2020 4:59:23 PM

BTU ANNUAL REPORT - Page 42 Officially Reports ownership of massive coal reserves!!
https://www.peabodyenergy.com/Peabody/media/MediaLibrary/Investor%20Info/Annual%20Reports/2019Peabody10-K.pdf?ext=.pdf,

They show 4,000 million tons of proven reserves. At $30/ton, it is worth $120 billion.
(I found a report of current Coal Futures at $50/ton.
But I won't quibble about a few dozen $$billion dollars.)

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