Very interesting stock. If you have a look at MCC, they probably have double the resources, and producing, with a market cap of $1.1b. CDS has about 400mt, about half the size of MCC, but with a market cap of only $40m.
If cds were to match mcc then cds share price would need to be over $1...
I understand CDS snuck this resource off bhp and bp..any truth to this?
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comdek limited.
trading at 11 cents per tonne of coal, page-19
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