Ann: Quarterly Activities Report, page-2

So finally they are producing and selling coal. Nice of management to let shareholders know.
It is almost as if this company is trying to keep it a secret that they are now producing and selling coal as the only news we get from this company is through the quarterly, which they are forced to put out by the asx.
Most company's shout the news from the rooftops when they achieve first production/sales, but not IKW. Anyway looks like production is further ramping up over the next to quarters and set for positive cashflows finally. I believe at some point this company will be taken over and absorbed into a larger entity, one of the other mid teir South African coal miners most likely.