CKA
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1.23% 8.2¢ cokal limited

Ann: Coal Off-Take Finance LOI and Maiden Coal Sale, page-252

  1. BarrenBuffett
    3,967 Posts.
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    17/12/17
    22:39
    Post #: 29693654
    Yes I think so it's always the case.

    Another thing to note is that the discount applied to PCI coal in comparison to hcc is very high right now and it is much better to mine the high margin hcc. Mining cost of 70 for mining PCI 125 or hcc 200. No brainer imo

    It's got to happen
    CKA Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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