target price: 13?

Target Price: 13? per Old Park Lane Capital valuation on CCC website that is dated 19/01/10.

"Based on our net asset valuation, we are initiating coverage on Continental Coal with a short term price target
of A$0.13 per fully diluted share. We have been highly conservative in both our valuation and coal price
forecasts and we are confident that there will be significant upside throughout 2011."

There's 39 pages of it if you are interested in looking at it.

ATM, share price short term is down, but long term is still up.