re: Ann: Pan Asia Restructures Arrangement wi... Hey sears, 2012 will definitely be an interesting year for Pan Asia. I struggle to fault anything aside from the fact that this has been sitting well under that radar for quite some time. Watch this space though.
The fundamentals are tight, the demand for Coal is strong and we're in a prime position to capitalise on existing infrastructure not just for logistical purposes but also for faster production set up.
It's really one of those stocks to put in the "no brainer" category when considering a Junior JORC coal play.
I've dumped all my other Coal plays for now AKM and CCC to free up some capital while this is still trading below 20 cents. Good possibility that the 92 cent price target from RM research could be hit. Either way, it' will be a multi bagger from here that is one thing I have condifidence in.
Hard to believe that we still only have a Market Cap of $19 mil. Should be closer to $200 million for now. When TCM is in full swing it's likely to cmmand a market cap of $600 to $700 mil no worries.
re: Ann: Pan Asia Restructures Arrangement wi... Hey sears, 2012...
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