CDS comdek limited.

will this reset the start of the 2 months, page-30

  1. 3,690 Posts.
    This was from c3749c on 10/3/08 on the thread "so what came out of the meeting"

    "I think the meeting gave those who attended a good level of confidence things are moving in the right direction - patience is needed.

    This is not a short term play and what they have acquired so far is a potential company maker.

    The were keen not to speculate but to lay the facts out as known today. The original 415mt was based on the 4 bore holes of a single layer 50m deep data. The new 22 bore holes provide data for over 100metres and I think I heard correct 11 layers - so information is firming.

    It was also clear that those who back the company for the long term will be be favourably looked upon as time goes by.

    The ann well look to mid April, sooner if process allows.

    the company cannot change name/business into the resources sector until the sp has traded above 20c for more than 2 months.

    Yes there will be a placement - hopefully around 18 to 20c

    The company is positioned very well to make use of the demands for coal in SA and potentially elsewhere in the world.

    Bottom line is this will take time"
 
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