new low!, page-6

I guess it depends on how much risk you are prepared to take on. The deposits look great, the coal quality looks great (PCI - low ash, calorific value etc)....management of Baralaba mine since COK took over has been exceptional. I never worked for them but lived in the area & they had a good rep/support with the locals. I still hold from 39c in 2009 so have taken a huge hit with this stock! I reckon its pretty straight forward - they reorganise finance (& the stock shoots up+++) or they don't & get taken to the cleaners. Depends on steel demand as well, which may not be good short term...but better later but who knows! Anyway, my thought are that for me it may be worth a punt, knowing I could lose it all or make a killing (but my risk tolerance is pretty high)Good luck to all if you're brave