Rolling over that old 401k into an IRA is glorious. Going from target date to $UGL and a slew of my favorite mining co’s is a huge upgrade. You should get a new job just for this opportunity alone.

The mustache is definitely making a comeback, in Kentucky at least. 😆

$BTU... 'Oh, this is what happens to contracts:'

$BTU... 'what about the contracts!?' 🫠

I'm incredibly grateful for all the information/education The Coal Trader and Matt Warder have provided over the years.

Long live thecoaltrader.com

The Coal Trader Substack and Website Announcement:

open.substack.com/pub/thecoaltra…

Matt has an announcement to make, but he didn't want JPowell to steal his thunder. 😉

Coronado's $CRN.AX results are fugly, again. Sequentially more fugly and YoY even more fugly.

Sev.en is bound to pull their offer for this dog. They have some nice assets, but Curragh is the black sheep casting a black eye on the entire company.

I'm short, and its down like

Excellent writeup on $NRP from The Coal Trader

His upside view on units is very similar to mine (2X potential)

thecoaltrader.substack.com/p/thoughts-on-…

My thought on soda Soda Ash:

Pretty solid quarter for $ARLP. Not sure how they lowered costs $11/ton in App... they also managed to increase realizations. I think this will probably be the high-mark of the year in terms of prices.

I was definitely too bearish, but I still think they'll lower guidance by

Whoever STOPS mining first in the PRB wins.
$AMR already won in this analogy, they're just standing on the podium waiting on the race to end. $ARCH should strive for the silver ribbon here. Just stop.

There's no more 'harvesting' lol.. that strategy died in Q1 2024.

Bruce Morelan DEFINITELY. Every US thermal coal segment in every public coal co will miss annual guidance this year.

🚨THE PRB IS DEAD🚨

Either do something about it or subsidize it with met coal... YOU PICK. And shareholders will vote with their feet (money).

$ARCH
$BTU

Thoughts on kicking off #CoalTwitter earnings season w/ $ARCH in the morning:
thecoaltrader.com/updates/

Small bounce in PLV futures and Met stocks are flying. This is how we rerate.
$HCC $AMR

Ugh.. I’ve been in report writing hell all weekend. Such a beautiful weekend to sit behind computer writing 15 hours per day. 🫠

Encouraging to see $BTU trade back from -6% this morning. Too cheap, despite its challenges.

Here's the said stank $BTU
thecoaltrader.com/peabody-announ…