The question to ask is whether it can reach $1 again
1 providing Laos goes into production 2 providing %10 coal acquisition ships mtpa which is very achievable 3 providing copper flats stokes some rich veins 4 providing superjack hits a few nuggets 5 and finally a potential company making acquisition is done
then heck yeah.
Which out of the above are realistic
1&2 are definately on the radar 3&4 are possibilities 5 based in connections and their ambitions, why not.
Cpl is valued at 500 million without turning a sod of coal to port and is several years out from doing so
all about perception rather than reality with stocks.
Ord based on mangement albeit sometimes slow has the capacity to achieve all of the above
Regards
VAN Price at posting:
4.8¢ Sentiment: None Disclosure: Held