*Bayan Resources is what investors are seeking for,
hopefully they will issue shares not just 25% but
increase up to 31%,
key characteristics:
1. guaranted price (will be related to coal
international price and you know the coal price is .9
correlation with oil price)
2. guaranted no bottleneck in infrastructure
3. guaranted quick revenue recognition (FOB)
4. guaranted seller
5. guaranted to be the major export coal in indonesia
(don't get it wrong they can increase their production
capacity very quickly)
6. guaranted not to be limited by import obligation
cause what they have is premium coal quality
7. guaranted the most aggresive caol acquisition
8. guaranted enough room to growth
what i concern most is about valuation, they will ask
premium price for premium quality
damn i love bayyan very much*
FT - Energy demand boosts Indonesia
Posted by: "Bagoes Narayana" [EMAIL PROTECTED]
bagoesnarayana
Sat Jul 5, 2008 1:28 am (PDT)
*Energy demand boosts Indonesian coal mines*
Bayan Resources yesterday highlighted the interest
investors are taking in
Indonesia, the world's largest thermal coal exporter,
when it announced
plans to raise up to $695m by floating 25 per cent of
its shares on the
country's stock exchange next month.
