BND bandanna energy limited

Mr T,"Wating for jump in point" ????? BND has $100M in the bank...

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    Mr T,
    "Wating for jump in point" ????? BND has $100M in the bank and access to $50M in equity. Thats about 30c per share in cash without the 1.6Billion tonnes of resources and rail and port access. I can't see this stock getting much lower. But then, I never expected it to get this low. I value this stock in excess of $1.20 and when people start to realise the huge shortage of thermal coal that is looming beyond 2013 I expect it to double that.My opinion only!
 
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