CEO 0.00% 4.2¢ c @ limited

doubled my holding

  1. 87 Posts.
    Have decided to double my longer term holding today based on a number of things.

    A purchase of leases is forthcoming.

    There is coal in the ground.

    The dilutionary effect of the outstanding options is already factored into the share price ,

    We all know that funds are required and I am assuming they are already in place,

    The only further capital required at this point in time would be for further drilling and exploration to prove a resource .

    It is not rocket science

    And we are not needing to have the company diluted in half to do so,

    I am calling this stock as being oversold from market hype and hysteria .

    My holding has now doubled and I will C where we are @ in 6 months time
 
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