6c....more wishful thinking I would think than careful analysis either ta or fa.
possible, but very unlikely and I would be selling everything to buy at that level currently.
I moved my super in cash 70/bond 30 3 weeks ago...(more luck than anything else), will not be enterring yet, but not far off. should/could be a strong rally till early march.
just a point, I disagree about the coal results being the catalyst for a major sp move, it initially will be the commitment that our current JV partners make to phase 2.
I really like Robs idea of hedge which I think is by way off RER or ROG, I think RER is probably best but not at these levels. (I dont hold and have no plans to buy till I know the business a little better).
keep an eye on further JVs and MOU's, it would not surprise me to see some deals being done.
CTP Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held
