another potential conceptual target, page-8

Hi Jim Jim
I was hoping to stir more analysis too. I am all in and holding until next year.
I am a novice so be warned. As I see it the company is way undervalued IF you think either the price of gold will hold up or the companies coal assets will prove comercial.
From the longer term gold futures contracts it looks like the majority thinks pog will hold or increase. I think the current share price is more reflective of pog around 800 Australian dollars -based on cost of production around $A600.
The current share price also does seem not reflect the potential coal reserves being commercial. This is what got me all in as if it holds up it would provide a second income source if pog crashes. If the companies best guess of coal reserves hold up then I was guessing that the company would have a coal mine about the size of one MCC's 8 mines that I think are close by. Alternatively a best guess of $40 profit per tonne could be used which would give a lot if they ever got it all out. But I know little about this so just hoping I have done the right thing.
regards
Tomu