Gee Rotto what can I find for you by looking into my "crystal ball". My conservative estimates below from my C.B. are for during each month......
June 23c to 25c ...... roadshow, editorials July 28c to 33c ...... sales up date,1/4 report out August 33c to 37c ...... insto's looking around Sept. 35c to 40c ...... coals sales up date Oct. 45c to 50c ...... coals sales up date, 1/4 report Nov. 50c to 60c ...... coals sales up date
Dec/Jan will see mining in near full production at each of it's 3 producing Coal mines bringing in regular income from the sales of 3 producing mines. Shipping coal up the river and by road if need be for the continuance of supply which is to KRL income $'s With all this happening I think KRL will be a take over target at 85c to 95c before December 2011
If I am wrong & not taken over by Bayan then.......
Feb 2012 around 80c to 95c
July 2012 around $ 1.50 to $2.00
Cheers Sales
KRL Price at posting:
18.0¢ Sentiment: ST Buy Disclosure: Held
