This seems to be where the hot money is going at the moment so I'm in for a few. Tipped in the In/C last week has the potential to soar like Uramin according to the other side. I haven't put the house on it but fairly pleased so far since buying yesterday.

interesting situation but it has risen far too much imho.

Appears there will be no need for a rights issue for Coal of Africa according to a news interview with the director as he stated CZA has the full support of large investors, so the share price should recover back to the last 15p resistance level short term, as the recent drop down was due mainly to shareholders expecting a fund raising/dilution which is now off the cards for now, and the management states they are hopeful of big increases in CZA share value over the next 2 years. So might see CZA back at the £1 level again with some luck.

so probably a good time to buy this at the present low level?