lol if FRB was a mongol coal stock....strong buy....
coola71
Both BDI and CEO have similar agreements with vendors as what was set up with AKM. On AKM vendors and promoters have 280M odd shares and options......AKM trading at 66c with more legs is serious pay day. With BDI,CEO,VOR,LRL and GMM trying to snag another AKM by taking an early punt on future management/vendors listing projects into these companies. LRL is perhaps the lowest risk option, oddles of cash and current management have runs on the board in the area. GMM is cheapest with the smallest share structure but not a short term play. Although heavy discount compared to CEO, BDI perhaps ST overbought with press articles last two days.
There will be many others in the coming months but as with indo coal plays the early movers typically pick up the some the better risk reward projects at lower cost.
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