CKA 2.56% 8.0¢ cokal limited

Ann: Additional Information on the Purchase of BBM Permanent Port, page-82

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  1. 12,269 Posts.
    lightbulb Created with Sketch. 1519
    Because thermal prices spiked above US$ 300 last night. Panic move by Chinese to stop the rise. Timely move in my opinion but almost doomed to fail. Demand is rampant. supply struggling. Heaven forbid, but a huge rain event in QLD/NSW sends prices into orbit.
 
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