coal companies and where they started., page-5

Spoke at length with a very knowledgable coalhead today who knows the Indonesian coal scene very well. He reckons that KRLs recently acquired Kubah Indah lease is worth a absolute minimum of half a billion dollars as it is. Makes the purchase price of 300m KRL shares look like an absolute bargain. Interesting to see what the independent valuation is which will be included for consideration for shareholders for when they vote on the KI acquisition. He made me feel very confident that KRL will make Sales predictions come true.