CKA
Coking coal runs a stellar 20% in one week.
http://bit.ly/2c2xUy0
"The parabolic rise in the price of coking coal showed no signs of slowing last week with the Australian export benchmark hitting $180.90 a tonne up a stomach churning 20.8% for the week. The steelmaking ingredient is now up 136% in 2016."
Cokal's DFS completed in 2014 on an average price of $141 - $155 USD with NPV of USD $366m.
DFS available here: http://bit.ly/2coziit
Price of coal now pushing USD $200, and CKA total MC a meager $30M AUD.
Cokal is debt free and just raised $1.5m.
Read the DFS and DYOR.
Personally calling it to 10c+ from their low of 1.6c.
Lee85
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