tradedemon - even at a market cap of $37 million, or $53m (diluted), should a nice chunk of coal be hit esp if it is of coking variety...market cap would be very cheap...the share price is starting to factor some success already
on the capital raising point - yes they will have to raise money to exercise the option should it turn the goods - however, on a good announcement, the capital raising will be done well north of the current price imo
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