Futurefan, just talked with MD. Everything is OK, Water licence approval should be soon. Maybe a few weeks, I guess. IKW try to be profitable even coal price $80. Once decide to mine, 3 months to bring to first export coal. I asked a copy of the article in the "Inside Mining" August, he will scan and send it to me once he goes back to South Africa next few days.
I think it's a good chance to buy at this price with low volume trading. Bought more yesterday and this morning.
IKW Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
