Same with NAE ($7m MC) with JORC of 110mt. At 2.3 c with coking...

  1. 3,634 Posts.
    Same with NAE ($7m MC) with JORC of 110mt.

    At 2.3 c with coking coal at $270pt but was 50 c when coking coal was $100pt!

    The big rerate is beginning with 3 lots of news due. More buyers appearing and sellers disappearing this morning with news from JV partner overnight confirming $1.5 m cash injection to NAE.

    Could see 3 cents today
 
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