CME centralian minerals limited

no witbank project, page-12

  1. 109 Posts.
    i won't be selling my stock, these guys are very very smart and they have stitched up JV deals meaning zero extraction costs, only 20c per tonne. They potentially have massive coal reserves, possibly over 50 million tonnes and that means big bucks. I believe they already have investigated the new fields and have pretty acurate data as to reserves sizes already. expect a slow release of data ending in one massive reserve of coal. If you want the lowest entry price, that possibly will be in the next 24 hours, because i imagine, there will be some investors who had their heart set on witbank. However, after that, when CME make their announcement, (or set of announcements) this will be 10 cents + no doubt. Be careful not to miss out on the 100% + move just to say half a cent.
 
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