Category: Updates

April 18, 2024

Herewith an update of my personal account, positioning, trades, etc. by request.

April 16, 2024

This seasonal pullback in PLV Futures has not caused such a bad commensurate pullback in met coal stocks.

April 10, 2024

UBS put out a note yesterday, upgrading Whitehaven to Buy, in light of their recent acquisition of the BMA mines, Blackwater and Daunia.

April 5, 2024

Herewith the monthly technical analysis update along with some quick commentary on each coal producer.

April 2, 2024

Steel prices are pretty dismal. There’s clearly an oversupply in Asia, Europe and North America.

March 22, 2024

March 23, 2024. Today I’m going to initiate coverage of Coronado Global Resources, CRN.AX.

March 20, 2024

Now that we’ve seen another annual rug pull in metallurgical coal markets, I thought it appropriate to revise forecasts and valuation comps

March 18, 2024

Overnight in Asia, coking coal prices continue to sell off, with PLV down another $1 from Friday to $270/mt.

March 12, 2024

Ramaco Resources is a pure play metallurgical coal producer in Central Appalachia (CAPP) and primarily operates the following mining…

March 8, 2024

On February 24, I published the following technical analysis on CONSOL, you can see it here:

March 5, 2024

Premium low vol hard coking coal prices have pulled back toward $300/mt, but they’re holding up fairly well compared to iron ore and HRC

February 29, 2024

Alpha is the largest met producer in the US, and the dominant player in Central Appalachia.