If they can significantly up JORC, get good CRS, get an off take agreement over the next 6 weeks then they will have done everything they set out to do up till now.
The Xinjaing premium coking coal price is set in Jan too. Be interesting if they make any announcement on it, but it has gone up every year for about 5 yrs by about $20 - 30US, vs sea bourn coking coal which has halved over the last 3 yrs.
see slide 12 - http://www.celsiuscoal.com/sites/celsiuscoal.com/files/presentations/CLA%20ASX%2020140129%20Investor%20Presentation%20January%202014.pdf
CLA Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
