RE: Very Resilient You are right no one would dare to sell now with the BFS just around the corner. It would be hard to estimate the share price after the BFS report but analyst have the price target estimated at a high of $2.70 and this is just based on what the coompany currently has.. I truly beleive CPT can reach $4.00 to $5.00 with takeover news or news based on results from the other properties yet to be proven.
There are not many independant coal companies left. Most of the larger mines have all been bought by the big boys. Coalspur has done an amazing job proving up reserves, securing infrastructure and setting this up for an easy sell to one of the larger companies.
My only regret with this company was not buying more of the ASX listed CPL when I was told about it at
.70.
Its all upside from here so let's enjoy the ride. What are your thoughts on a price target?