LLEN - well, they are looking for at least 500K in 2012 - I suspect if they can do 500K in 7 months they can do a lot more in 2012. To get some love from the market they need to hire a better accountant- I suspect that the Chinese operation will trade at a discount for the time being.
Still, it could be a transparent way of making money. Everyone knows that US has a high reserve of coal and China doesn't have enough coal. Even if it could mine more of it then it won't be of the same quality available in US.
It seems, for now, like an interesting arbitrage. Wonder what the market will think?
rich
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