trading status preopen, page-14

no coal at 3 cents

i remember when it obtained the coal

i bought in at 11 cents and then topped up at a 7 cent bottom, which was before any drilling

current price is rock bottom

to enter, you must believe this deposit is wanted, despite its isolation

Rio Tinto holds 20%, at around 20 cent average.

Noble desparately needs to average down, since is average would be around 45 cents, plus is loaning money to AKM

i spent $10K yesterday on AKM

market cap is now $31m

pretty cheap but could fall lower, if no buyers step up and the desparate sellers must sell

hopefully Noble take another 8 cent placement soon