i read an article in the australian a couple days ago which had Northern Energy as a possible take over. they are valued at 130M. i checked out what they have, and they seem a year or so ahead of CWK to become a producer. they have smaller resource of approx 700mt resources and will be producing 4mt thermal from 2011. comparison i think CWK is undervalued due to money in the bank and project pipeline. CWK currently values at 22M, so we need something to get peoples attention.
CWK Price at posting:
29.8¢ Sentiment: LT Buy Disclosure: Held
