It is not a missed opportunity. Itochu are too conservative to punt on CKA. Itochu visited us and they operate 2 mines down river. They would take our coal in a heartbeat, so would nippon steel and JFB
For every Itochu which got away there is a sojitz which is ready to discuss.
Domenic has thrown the net far and wide and I think this time he would land something (we hope for a golden snapper but would do with a muddy barra as well at this stage)
CKA Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
