IMHO i would be building a position at these sp levels.. in fact there isnt much to be traded ..of the total issued.. EGM next Monday name change to Cokal Ltd. ASX:CKA Then the mgmt team can ramp marketing to instos in oz and abroad ;instos have different investment mandates...once they tell us the coal quality [six weeks it takes to get through the labs] if mapping is being done, drilling etc. by 2nd qrt we should know that and then by they a resource say 3rd qtr.. Remember this mgmt group have runs on the board ..they arent newbies riding the coal wave!!
AEA Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held
