Yes, you're wrong to think that. Is a pipe dream made in la-la land. NO, but no company will jump 300% in 12 months on hot air alone. This company will have to produce earnings reports in 12 months that simply shoot the lights out. I haven't seen one of those yet, have you ? So why don't we wait awhile for that first result set before we jump to bloated conclusions. Sorry to be so frank, but I thought I'd save you some unnecessary school fees. omo
I think the Chinese investors are going to be very sorry when they realise what they are buying. The geology in that area is poor to say the least with coal yields lower than 20%. A clever geologist can sing a sweet song to the uninformed. When the truth comes out the share will plummet all over again. It has seen R35 in the past, and when the geological results were made known to the public, it dropped to R1.50. Somehow the Chinese have missed the fact that the cost of washing the coal and transporting it to a harbour will destroy any value that the coal has. Good luck to the clever punters who are cashing in now.
When I dont know enough about something I ask questions... from the responses I see there are two sides.... exellent! So one can make a few thousand or a few millions on this share. Living on the edge so hoping for millions :-)