mate i hold close to a million shares and would love for those...

mate i hold close to a million shares and would love for those figures to be true. unfortunately its just a journo spinning shit. my guess one of the brokers put the journo up to spinning a rumour and stirring some interest.

kagara are interested. yes. are they currently taking over or planning to. no.

if CSE was making 280m pa and PE of 8 the shares would be worth $24.

60x or 6000% return by 2009. ill take it. ill buy another million shares. hehehee all the way to the bank and the ato.

my figures are based on company's own estimates and my valuation model. its a best case model on current data but any future expansion of reosurce will add to it. valuation is based purely on production and earnings potential.