PC
Probably best to read the an 3/7/2006 which outlines the new loan facility with the S/C bank.
This has been on the nose of many investors for years. In fact my first purchase was in 2001. In there hey day they talked it up and ran the stock to 2bucks. S. Elliott was upet when the analysts took a close like and after successive dillutions ( there are ~ 900m shares on issue) they seem to have a get out of jail card.
They will purchase the sengeng el paso stake in Indo / pay off com debt, look to build more of their remote power plants, increase capacity at Sengang and build a new plant in the Phillipines.
Steve50 is well versed.
Admitted we have been talking it up - but recent movements are positive and I know of one broking house in Perth buying stock.
M/c now approaching 100m - so take a look and under 8-9cents good buying over the next 3 - 4 months as all this comes together.
finch
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