Futurefan, just talked with MD. Everything is OK, Water licence approval should be soon. Maybe a few weeks, I guess. IKW try to be profitable even coal price $80. Once decide to mine, 3 months to bring to first export coal. I asked a copy of the article in the "Inside Mining" August, he will scan and send it to me once he goes back to South Africa next few days.
I think it's a good chance to buy at this price with low volume trading. Bought more yesterday and this morning.
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profit more than market cap, no brainer, page-63
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