Has anyone else heard the same....
a solution (to the problem management has created) may be near to keep things going till construction starts next year...
I believe someone will put some cash into the company - makes sense as too much at stake to let this one slip to nothing...
dont think there will be a rebound in price though as still highly geared and no income... perhaps to 10c???
the we just need to get an improvement in coal price to do the rest.... there are other coal explorers out there with better market caps than ours!!!
at the end of the day, all those stories with $200,000 acquisitions of coal land - need to check the fine detail - rail/transport/infrastructure costs....
CPL has a big advantage - rail with in a few kms of the processing plant....
good luck - trying times ahead...
solution may be near
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