not bad up 11%.. im tied into ikw. you should check it out.
its 294Mt JORC compliant 6000kcal coal resource - mine built, licenses approved just going through contractor and off-take approvals.
Currently market values as $6M... its cash is $2M 0 debt. $9mil written off rightly so on drilling and exploration expenses..which leaves $10m for the actual physical mine and inventory... so 0 project value and $4M behind net asset value...
Announcement states mining to START in q1 2017... which isnt too far away.
