All factors working together to create the current strength imo....

All factors working together to create the current strength imo. This resource was a flop as recently as 2015/2016, due to water in lower coal seams and consequent low pressure, although the first lateral pilot hole that isolated only the upper seam with much better than expected pressure created potential for a very economic resource again.

Friday's close was probably fair based on the price/volume action for the whole day, although it was pushing 19+ on reasonable volume towards at the end of the day before closing back at 18.5 on lower volume after 4pm.

Next few days should confirm whether 18.5 will become the new resistance for the time being. Cap raising flippers probably putting the ceiling in, so 15c raise price may be the floor?