AQJ aus asia minerals limited

accumulation

  1. 44 Posts.
    More and more people are getting set for the company changing announcement which could come any time this week. I just hope everyone is set for the jump into the 20s and beyond:). As said before at the curent 900,000 tonne pa production with a $3 royalty, the share price is comfortably valued at about 27 cents per share and with the ramping up of production to 2 million tonnes per annum by 2012 that equates to around 55 cents per share. Lets not forget that this company is free carried and all the money coming in will be pure profit. Lets also not forget that there will be further mine expansion and that the current reserves will undeniably increase. This leaves a lot of cash for further acquisitions and expansions, thus the potential is massive to say the least. I must also add that the payment of dividends is a very real scenario in the near future and that this company will be on the radars of many of its competitors, so a takeover could be on the cards too. Thats a short summary of ces which will soon be established as a coal producer and as a result will be further de-risked. Good luck everyone already holding eventhough we probably don't need it lol, and if you're watching from the side lines then i hope you don't miss your opportunity to be a part of something big.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.