Met Coal Trump and Kim Jong SunMet Coal is taking a pounding from it's highs over 300 dollars. I think support might form around 175. Of course Met Coal Quadrupled and we went up 50% so I doubt that our price is any risk. Currrently we are all hoping that Mining commences very shortly down at Donkin. The delay is normal though with a big project like this.
The one geopolitical risk that I see standing above every other thing here is China, North Korea and Trump/ Tillerson.
https://www.reuters.com/article/us-column-russell-coal-northkorea-idUSKBN13U13Z
Happy hunting anyways. Current yield is 35% once we start.
Tillerson also said the United States could not continue to accept "empty promises" China had made about putting pressure on North Korea over that country's nuclear and missile programs.
He said his approach to dealing with North Korea - which recently declared it is close to carrying out its first test of an intercontinental ballistic missile - would be "a long-term plan" based on sanctions and their proper implementation.
https://www.reuters.com/article/us-congress-tillerson-china-idUSKBN14V2KZ