A few media snippets I've seen lately for interest 1. Mine...

A few media snippets I've seen lately for interest
1. Mine likely to re-open 4th Qtr 2016 (ABC Rural)
2. Spot PCI prices have lifted 13% off lows. Now running 91% of HCC price in spot market. Are just under US$70 a tonne FOB Gladstone. Got as low as $60/tonne (Platts). COK has big offtake agreements with Noble so not sure exact relevance of spot price. Looks to me about 50/50 fixed agreements v spot for COK but I'm only guessing (at 3.5m tonnes).
3. Platts and Helenic Shipping News saying PCI supply and demand are most "in balance" of all coal categories. COK exiting its tonnage has helped this, so wonder what will happen when it re-enters. India the big mover market.
4. WICET costs $15-20 per tonne. RG Tanner $4-5 per tonne. COK will now be going out via RG Tanner. Not sure how they will get product to market because Aurizon won't be happy with them exiting TOP arrangements so that remains to be seen.

But in general, relatively upbeat news on a number of fronts.