Well Mow, there is definately a massive qty of barrels of diesel equivilent in BLK's undervalued JORC coal reserve . If this deal goes through (I think it will), then this potentially is going to be one of the largest individual barrels per day producers in the country, with a marcap of only $10 million . I think the ASX is completely overlooking the potential here .
The chart certainly could be interpreted as having gone as low as it will and possibly will break upwards soon .
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