AVRO15 Jun 2016 19:58
Been thinking about your comment about SBLM will be non existent. I know I harp on, but there is an argument to both sides. I'll be transparent and honest. If we folded tomorrow, I'd be a very happly and rich man. The IIs know this, on paper, known potential revenue of proved Ore and Coal is over $50 Billion, yes, infrastructure build, DSO costs etc have to be taken into account, but, like I said yesterday, let's sell it all, at a conservative 1% of known potential revenue to the highest bidder, probably the Chinese and we are looking at 30p a share that's a 10000% increase from where we are now. I'm dreaming, I know, in order, the coal deal will be announced, the allegations thrown out of court and the sale of WAE stake will happen. The SP will be above 10p when each step will be complete. Write it down, and tick it off as it happens, as that's how I see it. Or sell it all and make me happy!