XCD xcd energy limited
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coal stock worth looking:$10.86m mc, $10m cash

  1. Trade4Profit88
    10,616 Posts.
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    22/11/11
    22:27
    Post #: 9325053
    total shares on issue: 90,500,435 @ 12c, M/C = $10.86m
    Cash on hand: A$10m, zero debt
    EV = $0.86m


    Moabsvelden project

    66Mt JORC thermal coal (no further drilling/exploration required)

    low-cost path to cash flow

    anticipate +/-A$25-32m for a 3mtpa 2stage wash plant, infrastructure and civils

    potential funding by offtake partners for +/-A$10m



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    XCD Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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