Why unrealistic? If sales and production are on track and the...

Why unrealistic? If sales and production are on track and the cash is coming in Instos will rerate the stock and will need to be on board for rerating of the index.

50c plus would be a minimum in six months as stock values are determined on forward earnings. A lot of stocks trade within a small range for a long time then breakout on good news, facts, drill results or other CCC will be no different.

What about the acquisition of other assets? What about a potential takeover target? India, Sri Lanka, China and European companies and Governments are extremly hungry for coal. Just last year a company failed to meet the supply criteria on a tender for the Sri Lankan Govt and the deal fell over. Coal has increased heavily over the past six months and there is much talk of higher prices.

I am still puting my money on a 50c plus share price.

do your own research