Ann: Lochinvar Coking Coal Project - 2017-18 Exploration Program, page-12

And the reason for the fluctuation is short term loose hands who are looking for a quick trade but decide to cut their losses at 1 or 2 pips when it drops. Then the whole process feeds upon itself. The volumes have been relatively low so i would say to you, on the contrary to hold on because its the longer term holders that will do better. Dt/short termers wont have the patience to see it through, except theyll be back on this once they see interest from serious holders return. Im a serious holder and have been for a long time now. Yes this end of the market is fickle, but with this much cash and the projects in the pipeline this will do well imo.