Ann: Atrum Coal Secures Port Capacity for 1.5Bt G, page-43

re: Ann: Atrum Coal Secures Port Capacity for... Totally agree with you wirapundi.

It sounds ridiculous to suggest it will be $10, but I am totally convinced that the stock will be trading close to that level within 2 years.

On the cap raising.... NO CHANCE! Management could not have been any clearer on this issue over the past 6 months. They do not need the money and I doubt they want to dilute themselves at any level below $3 or $4.

The $60mn required to get into small scale production can be 100% funded with debt and/or forward orders from product buyers. Regardless of this, they will not need any extra cash for at least another 9-12 months so there is NO CHANCE of a capital raise anytime soon.