th, page-50

Good to see some are coming round to my theory really.
I mentioned that it was strange that GPK featured so heavily in the forward plans when we got their market update some months ago.

At the time i was shouted down by all ans sundry saying that while KRL own GPK it needs to be included in forward estimates.

GPK is over half the tonnage for 2012 i believe?

Maybe its time to sell Mamahak and start operating GPK, or sell GPK and increase Mamhak production 4 fold?

Either way, we shoudl be close to a company making anouncement, Coal is the new black gold going by the massive $ made on coal tenement sales late this year.

Coal is needed to make steel BTW, a point often overlooked when all you hear about it its use in pwoer generation.

http://www.worldcoal.org/coal/uses-of-coal/coal-steel/

"Global steel production is dependent on coal. Almost 70% of the steel produced today uses coal. Metallurgical coal or coking coal is a vital ingredient in the steel making process. World crude steel production was 1.2 billion tonnes in 2009. Around 761 million tonnes of coking coal was used in the production of steel."