CKA 1.02% 9.7¢ cokal limited

Ann: Update on BBM Project, page-13

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    A positive sign that the coking price will improve is that BHP/BMA are rumoured to be seriously considering reopening Norwich Park. Norwich Park closed 2012 because costs were above USD200 per product tonne. A victim of many years of gross mismanagement. Heard that it will be largely contractors and wages and conditions will be slashed.
    Will be interesting to see how this plays out.
 
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