Regardless of the Australian Govts policy position on coal use in Australia, it remains a globally significant source of energy and steel production. it will not be too long before investor attention turns back to the opportunities in coal offshore of Australia. Cokal quality and resource particularly with TBAR development will be a target and so the SP will do well in the long term. Best to think of it like that instead of wondering why we are not at 20c next week. It's a bright long term future.
CKA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
