in the spirit of Lex's challenge :
DOW closed +267
If news released Mon/Tues and it confirms :
100% ownership of licenses ,with details as to location and previous ownership and lets assume that South Gobi licenses are in known coking coal region , + what we know of Overhongoi
all we need to know is who owned them previously ...
Further even in these difficult macro market conditions we are told by no less than BHPB that these is a global shortage of coking coal and further Mongolian properties are being bid up by Chinese and others...if i put all that into a Sunrise Smoothie i get an sp ~ 17-20c per share climbing to 35c ps Q1 2012 initial resource statement is released ..and that assumes no further news from other business development activities..
Also i expect no real dilutionary effect due to CR for reasons already outlined in recent post...
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