Believe the next few months will be very good for UNV. This has...

Believe the next few months will be very good for UNV. This has at least a dollar written all over it for those willing to wait for coking coal resource and Kangala DFS/mining start-up. Am also hoping something can happen with Total on Kangala given deposits adjoin each other....would be a logical but that does not mean there is any certainty. If UNV can get some good cash flow from thermal together with coking coal blue sky will be keeping this one is draw for some time.

Also saw Presto that BGF out with billish update confirming price target of $1 with significant upside once coking coal resource defined mid-year. Below is a summary of their conclusion.

Universal Coal are now moving positively towards establishing the scale of metallergical coal resource which will significantly rerate this stock and establish it as a emerging coal company.... confirmation will provide further upside to $1.42 valuation ($1 price target)