Check out Atlantic Coal, listed in London on AIM and OTCQX
100% owner of a first class anthracite coal mine, Stockton, in Hazleton PA
Demand for anthracite at the moment is very strong and has driven prices to over 160$ per tonne
Export prices are trading about 130$ premium to API 2 and 4 and are approx 220$ per tonne tracking closely HCC pricing
Stockton could well produce over 155,000 tonnes of clean coal this year and will likely see ATC turn in a maiden profit
For investors, ATC is a good play and underpriced relative to its net asset value and likely shift into profit
