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Share
07/03/11
15:56
Share
i reckon your broker could be right mate. With todays announcement re expiry of options it leaves only 50million share fully diluted.
A $100million market cap - that is your brokers $2 a share prediction - with 140billion tonnes is only = only 7 cents/ tonne.
Strong possibility of offtake at nearby Morupule Coliery.
News flow will surely gather momentum over the coming week.
On second thoughts, I reckon your broker might be undervaluing the project.
DYOR
WINNING
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