whoever has been suppressing the SP in recent months are vulnerable now you would think.
Strange they drove the price down so low on Friday prior to the TH.
If they have been holding the price low to make an opportunistic TO bid they will need to make their move sooner rather than later.
The SP should really start to move from here.
The risks are to the upside now I would think.
This is a very good deal for CKA
Kudos to management!
Ann: Cokal to Develop Underground Coal Production at the BBM Mine, page-11
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