Petey, I might have got it wrong. CEO is a speculative share at the begining of such trajectory as it might have. Naturally enough there are more doubts and uncertainties than there are positive bankable discoveries. These can always be used to say the share has little value
The value that is put on such a share depends to a large degree on imponderables and things almost impossible to fully analyse.
Hence most of the price projections including yours and mine are just guesses depending on some information and whatever degree of hope that the person has.
What would you say about the SP if the three holes drilled link up, or if two of them did. It seems to me probable that other holes drilled adjacent to the current hits will find coal, what then.
Given a reasonable world environment and ordinary luck this share will be worth in my guesstimate at least 35c at some point before end of March 2012
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Petey, I might have got it wrong. CEO is a speculative share at...
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