Notice, as sp slips, that some bozo is selling 100,000 units at 9.5c. Got to wonder what is going thro their mind with ngaka bfs due within 6 weeks - I mean one would assume that, after waiting this long (and noting the bfs is not overdue) that a few more weeks won't hurt.
Anyways, noting thermal coal now trading around $85 p/t and that there's 250 million plus tonnes at ngaka, even an ev of $1 per tonne (probably more likely $5-$10 pt) should give ATQ profit potential of $250,000,000 which should return a value of over $2.50 a share = morons selling now.
Exercise a little patience holders. This is the quiet before the storm IMO and, notwithstanding that the company is seemingly incapable of marketting themselves, the bfs on my primitive calculations has the potential to sell itself!
ATQ Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
