Moranbah Fire Brings MAC Risk to Peabody-Anglo Deal

Uncertainty Over Key Mine Clouds Coal Acquisition

It’s 1:09 PM and I’m already exhausted.

Since 8AM, I have spoken with a few of you subscribers today (who have all had excellent questions btw), with Investor Relations at Peabody (thanks Vic!), and with several good friends and colleagues in and around the industry. And I really appreciate all of your time helping me gather my thoughts on the matter.

I have exactly 45 minutes to complete this piece, so this probably won’t be my best work ever, but I assure you it will be pithy.

As my marsupial friend and I discussed back in November with the boys at Money of Mine, the deal was complicated to begin with. And before I go further, it you aren’t subscribed to Yellow Lab Life Capital’s or to Money of Mine’s Substack - or their YouTube channel - for the love of Pete, stop reading, go click on those links, and come back here.

And if you aren’t a paid subscriber here, well then now’s the time, folks…