Personally i think that they will have to JV with a bigger player to get their coal projects off the ground but my real reason for investing is Imagine Intelligent materials and their graphene production. First in the world to commercially produce the wonder material and endorsement from many industry professionals including 10% stake from Warwick Grigor. I am estimating revenues from imagine to be higher than current market cap in first year alone... Bear in mind PAK only has 40% ownership and we dont know the revenue structure as of yet.
The coal asset is just another plus for the company, personally i wouldnt mind seeing PAK spin the coal asset off and use proceeds to acquire 100% of imagine but thats just me.
Thanks for your response though, have a great weekend mate
