Ann: Guildford Coal advises H2 2015 Production Forecast and Secur, page-5

w1,

If guf can achieve anything like outlined in their strategy below, and do it without further dilution, then i think that .20 is very possible. 20 cents/share would equate to a market cap of $220m. Based on a PE of say 5 times that would only require a profit of $44m, less than $10/t on 5MT of annual production.

"Expand production profile from the South Gobi Project through increasing output from BNU Mine and by opening additional satellite pits in close proximity to existing infrastructure with plans to be developed to achieve 2Mt in 2016 and 3Mt in 2017 and targeting a sustainable 5Mt pa by 2020."

My huge concern is short term cash burn and debt commitments, but If GUF can get through this ramp up phase and quickly get cash flow positive, then we could have a Disallowed on our hands.

Yeatesy.