rich - the last announcement stated that they are testing the coal that they have just dug up and using the results to finalise the financing and off-take agreements. No one can be sure what the timing of this is...but we are all hoping it will be sooner rather than later. Honestly I don't think we'll hear anything until the week after next but let's put it in perspective and know that if it's great news then we are happy to wait.
In the meantime - sellers are being tested today and holding up for the time being. Another interesting day is unfolding.
CCC Price at posting:
41.0¢ Sentiment: None Disclosure: Held