the crazy thing is we're at prices pre the Russian project and pre pinching Wesfarmers lignite, and pre massive coal and oil price rises! I'd be delighted to give up a % of Scadden if it got the project moving with expertise.
Regardless this is a multibagger down the track, the resource is there, the port is close, just a matter of time.
I was never in it for the Russian auction, didn't understand enough about the asset, the stock must have been chock full of day traders and insiders when it was a dollar plus.
BLK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held