Coking coal hit $225/t in Singapore overnight
Up 50% in a matter of days
Floods and cyclone said to knock minimum 15-20Mt of supply out
No supply front QLD for 5-8 weeks minimum
CKA
Closed above 3c finally. Big breakout coming for this. NPV 83c+ (US$400M+), capex just $47M and LOM costs $82/t
Should fly
Day Trading 6 Apr Pre Market, page-14
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