Coal is done in my opinion. Yes it will still be a major energy source for the likes of India and China for the foreseeable future but it's definitely reached it's peak. I've pulled all of my super related shares out of the industry.
The coming few years will see the start of the next industrial revolution - the move to renewables on a large scale. Battery technology is only getting better and soon enough we'll all have storage cabinets (some say by 2020) in our garages where we'll store all of our own energy needs by day for use at night.
We'll be driving Tesla style cars around for 486km off a single charge (which we got for free from our roofs and storage systems).
Any company or Government planning for a future based on a healthy coal industry is run by a f**king idiot IMO.
But I digress. I feel for the Perth guys in this situation. I'm a bit perplexed as to why they made the AD base a sunnies one. Moving 21 crew from PH to AD seemed like the logical decision.