XCD - thanks to Salvatore1 for pointing this one out to...

  1. steveman07
    540 Posts.
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    21/07/11
    22:37
    Post #: 8709845
    XCD - thanks to Salvatore1 for pointing this one out to me

    -1,200,000 buyers vs 100,000 sellers.
    -$10mil cash
    -MC $9mil
    -market value of one of their coal resources is 18mil
    -only 65million shares on issue
    -55mil jorc coal resource
    -near term producer
    -feasibility study to be completed short term
    -jorc increase probable
    -in talks to secure an offtake agreement
    -next to power plants
    -transport close by.

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    lightbulb Created with Sketch.  Great analysis
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