Comsec had a price target after the recent rights issue at 57...

Comsec had a price target after the recent rights issue at 57 cents.

The target included a disoount of 20% due to uncertainty around the barging operator....

The rain has stopped, production is improving, as is cashflow.

Upcoming news around a JORC resource increase looks likely.

The buyers look to be building around 36..

MC is $233 million and back in 2012 Meijin's (withdrawn) takeover offer was at $1.08 for a MC of $435 million.

The company has come a long way since then.

Time to look forward Mr Market!

Next week has to be better!