NARM is the largest and most productive coal mine in the world, shipping 109 million tons of the world's cleanest coal in 2011. Peabody is well-positioned to serve long-term demand growth for Powder River Basin products in domestic and expanding Asian export markets.
Low sulfur, high quality, cheap thermo coal.
Contiguous to the existing NARM mine.
My guess is that this is a good long term investment.
I think we will see BTU below $20 though before it bottoms.