re: Ann: Additional Strategic Coal Leases Acq... Cyclops, as you...

re: Ann: Additional Strategic Coal Leases Acq... Cyclops, as you would appreciate, CPL already have plenty of coal for very substantial production over multiple decades. IMO the marginal value for additional coal reserves is now pretty much negligible.

Market wants funding sorted, environmental approval and rail deal locked down. I guess it would make for a low EV/t when looking at valuation metrics, which may be of benefit in any corp action scenario.

Market action is interesting, as before good news sees the sp knocked on the head, if the pattern continues we may expect strong buying support in the days to come.

All IMHO only


Good luck to holders