re: News: C@ to raise $28m to fund exploratio...
Look forward to hearing from Mgt again. Probably cover what we know, but hey, there may be some additional info to glean.
On the $8m acquisition, check HUN's purchase earlier this year: http://www.hunnucoal.com.au/pdfs/MajorCokingCoalProjectAcquisition23May11.pdf $40 million for a mix of thermal and coking.
Think we've done well. On track for a 2012 $100mil + m/cap, imo!
Cheers :)
CEO Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held