on a day when the dow is off over 200 points - the asx is off 150 points - they could announce they had found a gold nugget as big as a house and no one would bat an eyelid - they will promote the company up when they need to, totally pointless today - i will keep on buying at these levels -
South Africa assets give us -
70% share of 738.8mT coal resource, conservatively worth $1 per tonne in the ground
divide that by the number of shares and options on issue gives you a fair value of 81c per share -
I am not concerned at all buying at 24c -
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