COI 6.06% 15.5¢ comet ridge limited

so I take it the big response to the cap raising on the COI...

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  1. 4,234 Posts.
    so I take it the big response to the cap raising on the COI thread is because everyone is happy with the cap raising?

    I just cant see the near term value in COI at the moment. If their pilot program is not until 2010. What is going to keep the share price afloat between now and then.

    I am leaning towards sitting this one out. Sorry to cross-thread; but Blue Energy is a company which has some similarities with COI in that that also have large acreage in the Galilee, have a similar MC, and are also currently running a cap raising. They do however have some near-term permits with the Waloon coals that they can exploit as well as a permit adjacent to Moranbah. If anyone has any comments on COI I would welcome them as this thread is typically pretty quiet.

    SF
 
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