BTU is a $US3.2bn US-based coal miner whose main product, low-sulphur coal, is used by electric utilities. The company should be a major beneficiary of the AI boom and the consequent need for increased energy supply.
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We like BTU looking for an initial breakout up towards $US30, i.e. very similar to WHC over recent weeks. We are long BTU in our International Equities Portfolio.
MM is bullish towards BTU
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