Am really enjoying the posting here people, greatly appreciated
One not to be over looked as mentioned by many here is - NAE
I have not been able to find a more compelling buy out of everything on the asx
When considering it has the biggest gap I have ever come across considering it's NPV
Last time it ran the ruler over it's coal project the numbers were NPV of $265m
That was using a coal price of $165 per tonne .... now it's spot price is $300+
Then there is the TIN and GOLD all in excellent sovereign risk locations
If they get a sniff of Au in NZ next to that Goliath company then it's a sitting T/O duck
TIN price set to increase to $30k p/t also
Just the sheer cashflow from the Coal will fill shareholders pockets with mountains of cash
TOO MANY GOOD POINTS HERE TO AVOID THIS
Multiple ann's coming out shortly for re rating
All this for a measly m/c of close to $13m
Realistically looking at 5c before christmas and 10c in January and after that will multibag more
