new broker target price, page-2

Hi girl181,

I dont have a broker target price and I dont give brokers that much credit with their forecasts anyway.

What I do beleive is that this company deserves a much higher price than its current one when comapred to others.

Without doing a detailed comparison, somethings that come to mind are taht its producing both thermal and pci coal at Baralba with further potential, has large exploration leases in the surat area, 606 mt which was just acquired, is involved with rail projects for the surat region, is involved with the development of the Wiggins Island Coal Terminal, will generate income from project management in NSW and has KEPCO and POSCO backing.

Now compare the share price with that of some coal EXPLORERS currently listed on the ASX. I can think of one CPL that has'nt even turned a sod of soil yet and its price is around 80c. There are others I'm sure but I believe Cockatoo Coal will become a significant player in the coal industry in the years to come.


Regards

Rogerm