Short Term Trading Week Starting: 12th Sept, page-30

CKA

Coking coal runs a stellar 20% in one week.

http://bit.ly/2c2xUy0

"The parabolic rise in the price of coking coal showed no signs of slowing last week with the Australian export benchmark hitting $180.90 a tonne up a stomach churning 20.8% for the week. The steelmaking ingredient is now up 136% in 2016."

Cokal's DFS completed in 2014 on an average price of $141 - $155 USD with NPV of USD $366m.

DFS available here: http://bit.ly/2coziit

Price of coal now pushing USD $200, and CKA total MC a meager $30M AUD.

Cokal is debt free and just raised $1.5m.

Read the DFS and DYOR.

Personally calling it to 10c+ from their low of 1.6c.

Lee85