Not sure how far this manipulation is going for but it’s getting more and more interesting to me. In my opinion, COK will keep under pressure unless there will be a clear funding solution coming out. As I said in the past, Koreans need to secure their coal resources in AUS (given many of QLD coal resources are in Chinese’s pocket now) I also believe the two parties’ ( or more ) discussions are still going on, and if you compare Dec’s ann with AUG’s one, they have gone through some more details. Hopefully, 2012 will be a good year to all of ST, LT holders
COK Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held
