After a turbalent couple of weeks regarding the unsubstantiated T.Arup article and then the trading halt, today is very quiet.
I've been in ESI approx 2yrs, and read HC daily, and there are some great posts with a lot of info regarding Coldry.
IMO Coldry beats all comers if all the Info I have been reading is correct, mind you this is also backed up by ESI in pilot plant trials. I believe ESI will get approx 20mill of the ALDP.
If ESI have approx 2 billion shares on issue (not counting oppies) and a SP of 5c this values them at 100mill MCap. To me this will be cheap, if Coldry takes off in LY & India.
10c = MCap 200mill definately acheivable
15c = MCap 300mill probably acheivable
20c = Mcap 400mill possible in a spike on good news
20c plus blue sky, coal tenements, matmor, china.
Question is what is the timeframe for these targets??
Any others out there that care to talk on targets & timeframes.
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