pete123: and, from their conference call: this quarted benefitted from (1) the debt repurchase (2) inventory drawdown

pete123: these are not expected to repeat.

pete123: expect thermal market to recover in 2013, based on expectation of $4-6 NG price range

pete123: finally, JRCC said that capex is pretty much at rock bottom now (~$20MM / qtr)

lwelker64: A bit of reassurance at least

pete123: this was new (for me) information to predict 2013 performance. i didnt find it particularly reassuring...

pete123: i was betting on it to get to $2.50 around the end of the year. it's just about there already!