While the share prices of many coal explorers and producers have been hammered in the past 12 months, Atrum Coal has flourished, with its share price increasing 10-fold in calendar year 2013 to a high of $2.10, and it continues to trade in that upper range.

But analysts see substantial upside from this current level, and such a re-rating could happen sooner rather than later as a result of near-term news flow.