RE: Exploration License.28 Jan 2019 16:20
There are a number of basic business reasons to be confident the SP of this current 1/4 mil mkt co will be much higher in the near future - the Chinese and their desire for the cheap energy up to 7 bil tons of open cast coal retrievable will produce, plus the Australians need to create their own greedy wealth getting it out for them.
The chances of this have now considerably increased with the 2 chinese back on board, which has to be their sole ambition. Only two question left is funding - is the 35 mil still available ? - who will be the UK director as he will be the route to listing back on AIM.
So defo a long term hold with top slice a trade or too in the interim for me