CAG 9.38% 14.5¢ cape range ltd

coal play gets plug in pure speculation column

  1. 5,331 Posts.

    good to see CAG get a bit of press coverage in the australian pure speculation column this morning.

    certainly a very cheap exposure to the rampaging coal sector, and if they can get production up and running in Indonesia this year as stated by both CAG and now the pure speculation column could reward shareholders very well.

    below is the snippet from the australian this morning

    "CAN it really be that Cape Range Wireless (CAG) is actually going to make it? After about 20 years, getting investors wound up by "revolutionary" power technology and then telephony ideas, the company has emerged from the clutches of Perth businessman Ron Wise and, more recently, those of the administrators. Cape Range has got its hands on a thermal coal project in Indonesia and, assuming that all the legal titles check out, this could be in production by the end of 2008. There's also 13,000ha of exploration ground nearby."
 
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