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Re: GorillaGorilla post# 1664

Monday, 11/30/2009 11:20:17 AM

Monday, November 30, 2009 11:20:17 AM

Post# of 2230
LLFH's margins are actually 42.7% including taxes/etc for FY 2009 (look at 10-K). You only see a lower net margin because of how they subtract the minority interest. I believe they are selling mainly thermal coal as well, you can expect Jinhe with coking to have higher net margins.

-Fernando