Correction to my previous post
Based on current coal prices and CPL stated cost target of US$48/tonne.
At 4mil tonnes pa
AUD at 0.88
Fully Diluted EPS 34.4
PE of 12 (I think the Canadians will well and truly get behind this company when it lists on the TSX)
my SP target is approx $3.78
paterson say buy- have target at $1.10, page-4
Add CPL (ASX) to my watchlist
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