ect welcomes india coal report, page-40

giddyup

you asked...
"ps so were do you think the next pump will take us? to pre cap raising price?"

This is a question I've been pondering a lot lately. Intersuisse has a target of about 12 cents (probably less now with the dilution)

Receipt of FS funds might generate enough momentum to get to .08 to 10 cents. At this point, there will be heaps of sellers and i think over the ensuing 3-5 months (before FS finalised) it will drift back to .03/.05 again

Keep in mind that the Calejas will be let of the leash in this time (around june?).

UNLESS - multiple deals are struck elsewhere over the same period to generate enough momemtum to soak up the selling. If this happens maybe we hang about .07/.08 cetns for a while.

I really think it will be a good 12 months before all the "Sellers" are replaced with "new" investors.

In short, you either get set now at this "cheap" sp or you MAYBE have ONE more chance to get set at similar levels around July. I guess it depends on the size of your kahunas as to how you play it!
Tbedon