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Posted By Topic: Blumont (A33) - Solid Counter       - Views: 588
DBS-CASH 		20-Mar 2013 Wednesday 10:25 PM (4056 days ago)               #1
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  		BLUMONT Group has agreed to invest in Australian-listed Celsius Coal for about $6.5 million.

The Singapore-listed company said it signed a conditional agreement on Wednesday to subscribe for 227.3 million new Celsius Coal shares at 2.2 Australian cent a share.

This would give Blumont a 13.1 per cent stake in the existing share capital of Celsius Coal, a metallurgical coal explorer.

Celsius Coal focuses on developing coking and thermal coal deposits in the Kyrgyz Republic. It owns 80 per cent of its Uzgen Basin Coking Coal Project, which cover an established Soviet-era coking coal resource.


20/3 - $ 0.555

Projected price at 22/03 - $ 0.630



Rich will just get richer !

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stand up n wake up 		21-Mar 2013 Thursday 9:19 AM (4056 days ago)            #2
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  		thanks




....



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DBS-CASH 		21-Mar 2013 Thursday 10:15 PM (4055 days ago)            #3
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  		21/03 - Support @ 0.56-0.57
Resistance @ 0.58

Close @ 0.560

22/03 - Aim for breaking of resistance of 0.58 ...

Outlook: 0.60 is a huge possibility ... Big value on this counter for 22/03.



Rich will just get richer !

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DBS-CASH 		03-Apr 2013 Wednesday 11:45 PM (4042 days ago)            #4
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  		03/04 - $0.685

Target Price - $ 0.730



Rich will just get richer !

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DBS-CASH 		04-Apr 2013 Thursday 8:45 PM (4042 days ago)            #5
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  		4/4 - Closing Price 0.705

High 0.720 ...

Closing on the 0.730 for 23% gain of portfolio. Wink


Huat !



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