The level of interest in CEO increased dramatically last week...

The level of interest in CEO increased dramatically last week with the highest weekly volume since January. The new MD has extensive experience in the coal industry so the company is now expected to move towards the acquisition of coal assets in Mongolia. I expect speculation that a deal is imminent will generate further demand for shares this week. News Due: News on potential acquisition of coal assets in Mongolia. Price Target: The price finally broke out above 1.8 cents this week with the initial target being 2.2 cents, which could be achieved this morning. The stock finished with a bullish marubozu candle on Friday (the open was the low and the close was the high of the day) which showed the buyers were in control. Disclosure: Holding CEOO