buy recommendation, page-7

HI phillijr,

these were just broker recommendations no detailed report attached.
buy sell signals posted a comprehensive report on the company on 16/12/2011, basically saying cnx rated 4/5 long term and 5/5 short term.

brief info is that company is trading at around 9cents/share while tangible book value is 23.42 cps

current assets are 6.16 times current liabilities.
This is according to their report.

We all know that the situation is unresolved with DERM and the longer they take to grant permission to ramp up to 5MW power generation is going to hurt the company financially.
It is hard to believe that we live in such enlightened times or should that be the dark ages in Qld.

bapak