share price

Gents you should try and get your hands on Credit Suisse latest research (as of yesterday). They obviously had to provide some research seeing they are behind a rather large bank guarantee. However they value the stock on a very conservative basis at 85 cents. They also make the point that bnd's reserves are valued at 7 cents per tonne(yes 7cents per tonne) as opposed to industry average of approx $1.25. This is compelling research. Catalysts are DFS from Bandanna and this could lead to the JV partner coming in seriously. I agree with one of the previous posts about India---in a world of apin with this electricity stuff up!!! They wont let it happen again.