Well Platinum and et, al no longer have any incentive to potentially manipulate it and hold it down
They have closed their main fund, and will need to start selling assets in 2017 for redemptions
Their Cokal is escrowed for 2 years, so they have to source a T/O for us
The fact they are closing the fund makes it very unlikely we will get construction funding from them which is good, because the last one they offered was extortionate
If Cokal can fund the $75M at any reasonable and commercial rates, then this is a multibagger from here IMO
I agree @ShareJagger, the coal environment, especially for coking coal is looking bullish. If it gets back to that $125-140/t mark, this thing should put on points
Better 5 years late than never lol !
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