cape lambert eyes 800m asset floats, page-14

Alpha - I think that your well-thought out technical analysis is very good and I agree with it . Investors need to use TA in conjunction with Fundamental Analysis , and , on any logical reading of CFE's FA , the company is massively undervalued by the market . Numerous posts on other threads , as well as ANNs by the company and Brokers' reports over the past few months , have inferred that the true value " of this stock to be somewhat over $ 1 per share . I was happy to get another 50 K today at 33 cents , as I honestly feel , as a cautious investor , that I cannot go wrong . Even if we only get Marampa away for, say ,$A 400m , then that should bring about a further return of capital to SHs of around 50 cents per share . Then there's Sappes , Pinnacle , Mayoko , Corvette etc, plus sleepers " in NIP and CXU .

IMO this stock is one of the best on the market at the moment for its present asset base and undoubted potential .