Just recieved an email from a good family friend in England and he said, "woudn't it be great if the Roo could be a dollar by Christmas.
I thought to myself, you have got to be dreaming.
Well over breakfast I have been thinking about that (dangerous to think) and I thought "why not ?"
We all know of the huge resources the company has and coal is becoming scarce and hard to get, and a lot of ours is near to or at surface.
A year ago we had some serious projections (I was one of them) of $1 share price by June and beyond $2 by years end.
Now in my view, all that stands between a big increase in price is merely knowledge of the Roo by the mainstream. If we have any good news, on current volumes the price will push up smartly. If a sale at a good price for GPK was announced and some firm deliveries of coal then there is little standing in the way of the roo really taking off. Add to that new general interest, then is a one dollar share price overly optimistic?
What do you reckon tvhead?, I'm dreaming again of course. Probably some AGM wobbles and hoping we dont' hear more disasterous news.
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