HDX

If you look at logic based on available news, then you won't touch HDX.  Campbell Newman is imposing higher royalty on coal, uncle Wayne is imposing new tax on coal, ports are congested, Mongolia and Indonesia are also competing, other mines and more coal are discovered/opening in Queensland and NSW, routes near Great Barrier Reef are being questioned, etc, etc.

But after hearing the CEO of HDX, you realize that his stock deals with EXISTING mines.  He blasts the coal mine so that extracting can occur.  He told us that he has enough work to generate profit for a few years if there is no new contract coming in.  Is he fibbing?  I would not know but it sounds like music to my ears.  So I bought after the presentation.  It went up then it is down to earth again.