reply for magikol, page-16

Comdek (CDS) is a very viable company for the following reasons:
1. Estimated inferred resource increase of 78% from 145 million tonnes to 738 million tonnes at South African Waterberg deposit from additional 12 holes drilled, with another 98 to be drilled. The plan for that is to take 9 Months and the drill rigs are booked.
2. Company will get relisted as a mining company
3. Paul Jury has over 20 years of direct experience in the development, operation and marketing of various open-cut and underground coal mining companies, predominantly in the export market. Prior to RSP, he was Executive Chair of Oceanic Coal Australia Limited, Finance Director of CoalMines Australia Limited and Chief Financial Officer of Coal & Allied Industries Limited.
4. The infrastructure is all in place in South Africa to be able to rail and ship the coal
5. Eskom Holdings generates, transports and distributes approximately 95% of South Africa’s electricity – making up 60% of the total electricity consumed on the African continent.
http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-24_2359575


The prices that they were yesterday and early this morning was a bargain, for what they will be within the next 6 months, so yes I would if I were you c3749c