very interesting to see a couple of very large buy orders go through right at the open, 4 million plus shares traded in the first couple of minutes. Also very strong buy orders lining up.
we must be close to the decision on the purchase of the South African coal interest, given the strong rise in the coal price recently this deal will be at bargain basement prices worth around 20c per tonne, giving CME exposure to over 130 mt tonnes with potential for a billion tonnes.
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