I understand and my patience is being tested as mgmt should not...

I understand and my patience is being tested as mgmt should not have let this SP slide to sub 2c like what the actual.....

Couple of problems.....

I don't see coal moving past $85/t in the next couple of years consistantly (especially with US:rand ratio to remain constant)..really it will hover $75-$85/t..

IKW really can't continue without production... Only further dilution will allow that to happen to pay for high wages and upkeep on washplant and facilities which isn't cheap...

I think IKW need to take advantage of the current exchange rate as when they went to IPO it was based on exchange rate of 7:1... so its still very profitable..i think?!

I feel for you at 11c..it won't take that much to get back to those levels though... IF production happens @ current share registry.

They still suggest mid year for production which means an ann in next couple of months.... times ticking..for me its hard to invest in other companies when i know an announcement could see this into the 4-5s++ anytime and i still hold true that IF it can go to production at these levels its seriously retardedly good value...?