throw your media reports in here, page-6

Main page of the West Australian Paper Business Markets for Tuesday ;

Comdek hops on Coal as market ends softer ;

Shares in Subiaco-based Comdek jumped to their highest level since the the company's near collapse 18 months ago as it received the go-ahead for plans to acquire a South African coal company.

Confirmation Comdek had received Reserve Bank of South Africa approval to acquire Iscebi Carbo Mining sent its shares up 3c to 20c.

The acquistion flagged late last year will open the door for Comdek to acquire up to 70 per cent stake in three coal prospects in the Waterberg region of South Africa.

Comdek has uranium interests in Cameroon and coal prospects in Tasmania. The former technology company has been restructured and diversified after narrowly escaping liquidation in 2005. Its gains came as the price of thermal coal at Australia's Newcastle port - considered a benchmark for Asia - hit record highs. The boost helped push other coal stocks higher, including Coal of Africa which climbed 29c to $4.48.

Hopefully, investors will see the massive upside potential of this stock, not to mention the uranium side of things where the land holding I believe is next to or near Sundance - correct me if I am wrong.