Coking coal priceshttps://www.argusmedia.com/en/news/2209489-atlantic-coking-coal-prices-rise-again
Looks like the bid is going into coking coal. With the ESG divisions in the majority of world banks thermal coal is effectively limited to private money. Coking coal gets lumped into this group so new coking coal mines are going to be severely limited in access to capital. Meanwhile we can enjoy the difference since the money is spent.
If Nova Scotia gets it act together and gets a few more people vaccinated it will be possibe to come to Nova Scotia in the fall without a 14 day quarantine. Looks good. Especially considering this stock was 20 cents long before the mine was built.