Well for starters they need to finalise the funding proposal...

Well for starters they need to finalise the funding proposal that was put forward by Platinum. It hasn't been signed off yet - its no done deal - Platinum may well be re-negotiating terms - who really knows...but it is they alone who control the purse strings for CKA.

Approval is unlikely to do much for the share price anyway. Coal is a bit like uranium at the moment - on the nose. CKA continues to be a slow burn. Boring..................

News in the papers today too, that China is starting the process of shutting down their coal fired power stations across 6 Beijing districts between now and 2020 is just more negative sentiment for the commodity