IKW
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0.00% 46.0¢ ikwezi mining limited

Coal prices are on the move. API4 prices (FOB Richards Bay)...

  1. slipknot
    28 Posts.
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    13/07/16
    18:26
    Post #: 18262551
    Coal prices are on the move. API4 prices (FOB Richards Bay) touched US$60 early this week. Its noteworthy that S32 which has big SA coal exposure has jumped 20% in ten days - I see New Hope and Whitehaven also moving sharply.

    If ever IKW is to do something its now. As a marginal project, prices have moved to the stage where development is worthwhile.
    IKW Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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