i also see CKA has just been offered $150m in funding for its coking coal project. We can't be selling all this iron ore without coking coal deals getting done. Are we at the bottom of the cycle for coal and perhaps some of the other commodites like copper? i think we might be and we should see more of this. I am not sure there are that many of these left. so they should move quickly. time will tell.
SRM Price at posting:
23.0¢ Sentiment: ST Buy Disclosure: Held