boooom ... last chance, page-15

Hooley Dooley

That makes 9 of us on HC that are holding GNM

Great stuff.

"looks like a keeper & wondering how far it will go"

Highlandwhite

Thats a good question. I have previously said that I view $1.50 a realistic target for GNM by June. We are there now, much quicker than I thought. So the next target by year's end is $2.00 ... Very achievable IMO.

If you check out the figures given in the presentation, we see that they will be ramping up coal production, starting this year, every year untill 2012, to eventually become a pretty major producer. So we cold imagine that there will be much to look forward to in months & years to come.

Also, a SP driver will be inclusion into the indexes ... I am hoping we go straight into the ASX300, but inclusion into the ASX200 isnt far away. Then we will see index funds pretty much forced to add GNM into their portfolios. This will have a very positive effect the SP too.

Intersting times ahead!

This is the presentation link:

http://www.asx.com.au/asxpdf/20080129/pdf/3174lhkksw4kp2.pdf

Cheers