Thanks, BJ! What a brilliant in-depth post! Basically exactly the same coal tenement valuation I posted on this forum a couple of months ago - sourced tenement sales with the same characteristics during my research. Makes the company a prime takeover target. Watch this space, everything is looking up - the tide has turned. Len just wasn't cutting it as a CEO - his current position is well suited to him. Cheers to a prosperous new year!!!
- Stocky
CXY Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held