If it is Mashala, and these figures (the new cap raising x2 and...

If it is Mashala, and these figures (the new cap raising x2 and convertable notes issues to fund it are correct), then we are going through the roof.

Why?

1) Checked Mashala's website - apart from the obvious added infrastructure for CCC, they are already in production and export of around 1.5m tonnes p.a - If Mashala is purchased at the 5.5c as some have suggested, we may be picking it up really cheap

2) They are already a fully fledged producer, which would also make us a fully fledged producer on completion of sale, and moving very quickly towards a mid tier producer. In this case, the current valuation methods of valuing coal in ground at $1.07 per tonne would go out the window, and we would be moving towards a P/E and earnings based approach and as some have suggested what would appear to be revenue in the vicinity of 200mill+ a multi billion dollar business.

Or, we could all be wrong! Ha - I guess we will have to wait until tomorrow, hopefully all will be revealed. I have not been this excited about a stock for a while. I hope we are not let down.

Good luck people