CKA 3.41% 8.5¢ cokal limited

AC re your comments about China closing down its coal powered...

  1. 279 Posts.
    AC

    re your comments about China closing down its coal powered fire stations they can do that if they like it has no bearing on Cokal or any other metallurgical coal company. They provide coking coal not thermal coal which is required to make steel not power. As long as people are still building anywhere in the world they will need coking coal.

    Too much emphasis is on what the share price is doing this morning this afternoon a certain trade buying and selling depth,,, who cares???. Either believe in the long term project and when production begins reap the rewards or just move on. Finance no finance,,forestry no forestry!! It's like a broken record. The big players have invested for the long term of houris project not to trade 1c or 3c. There are so many companies with no liquidity today due to market factors it has no bearing on the actual asset.

    it may take 3-6 months before coal process start reacting to the changes in the world and those holding CKA and some other near or in production coal stocks will do very well.
 
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