Champ,
Check your posts from 22/12 onwards. I'm not trying to pin you down and point fingers. It's just that some have it in their heads that there will be no cap raising on AIM because JB said so. In my opinion this is a very naive view. The company needs to be cut some slack to do whatever they see best. There are plenty of distressed assets in Southern Africa. We should support the company if they want to mop them up. Bring on a cap raising at 12c, then 20c, then 30c is what I say. By the end of it, we may have been diluted to 5b shares but the net result may be that we have tens of billions of tonnes of coal targets+ billions of tonnes of resources. If the share price is going up which they are doing this, then obviously they are doing the right thing.
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short term price target of $0.13 fully diluted, page-47
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