$1 thats a big call - i will be happy to break 20c first...there have been some big estimates in the past (trail through some of the old posts) however the announcement re the upgrade/jorc will be as the sunday times quoted a week ago "the potential company maker"...im waiting for this one mate...IF it is v positive say an upgrade to 800m tonne i would be hoping for 40c/50c...im only speculating here, but they are my hypothetical opinions on CDS...
things i like - majority of coal in SA near surface...low market cap...not many shares as compared to say SDL...infrastrucure close by...still flying under the radar (trading as a tech hardware and equip company - they are looking at changing this)and lastly coal market heating up bigtime! :)
cheers
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