CBH coolabah metals limited

this a wee bit of an issue for nystar. Means they will rely on...

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    this a wee bit of an issue for nystar. Means they will rely on pem ore to feed Pt Pirie which shouldn't be a problem There are great reasons why a bit of competition helps the bottom line but nystar will now have to rely on whatever pem asks to process ore.

    Nystar have the bucks to gobble up in total CBH and given its fall from 50cents plus you would have to think a bid above 25c is possible.

    regardless of any offer i'm probably going to hold for a price above 40c in 18-24 mths time. bought a few at 10 c ( and some at 48c) so im feeling pretty safe at 14-18c at the moment with lots of upward movement possible.
 
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