share price

This share price is ridiculous like others in the market at the moment. If you take the cash and the equity in the port they have of 47 million BND is trading at net assets without taking in to account the reserves they have. In the current environment you have to keep a steady head and keep buying the juniors that have the cash in the bank to see them through. A rerating wont be far away. Anglo just settled on the Talbot estate's Mozambique coking and thermal coal assets for $564 million US. Admittedly there is coking coal in the mix however this is an environment with no infrastructure and major political risk.There is still an appetite for good solid projects. Keep the faith gentlemen.