CKA 1.23% 8.2¢ cokal limited

Huge Upcoming Global Infrastructure Boom Coking Coal set to win BIG

  1. 1,834 Posts.
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    With the predicted upcoming GLOBAL infrastructure boom, to re-stimulate economies, I would hazard a guess a HUGE demand will be from India. Its the country that needs it the most and likely one of the main countries to benefit from a China decoupling...

    India won't be building ghost cities to stimulate their economies and employ their workforce like China. They have real need. I suspect we will see a massive transformation in India over the next 10-20 years much like we did with China the last 30yrs.


    https://www.google.com/amp/s/www.argusmedia.com/en/news/2141666-indian-ships-return-for-queensland-coking-coal%3famp=1


    of course Coking Coal will be in hot demand. I also think Queensland mines may be subject to possible disruptions with the anticipated La Nina effects.



    "Both La Niña and negative IOD typically increase the chance of above average rainfall across much of Australia during spring. Above average summer rainfall is also typical for much of eastern Australia during La Niña. Current climate outlooks indicate a wetter than average spring for eastern Australia."
    http://www.bom.gov.au/climate/enso/

    All this leads to an ultra-sky high Coking coal price. You've seen Goldie speculation stocks run hard of late. It will be our turn soon holders...
 
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