Well stated Viney, even from a conservative perspective it doesn't take much to understand how viable PZC's future will be.
All the hard work's been done, but the market has no love for Coal hence why the lack of excitement reflects in our share price despite how cost effective the margins will be.
As for our current finances, I wouldn't worry so much just yet. At present our cash burn rate is most likely very low, although funds will be required to develop TCM.
For now management are most likely scoping out interested party's for an off-take, Joint Venture or possible Take Over. The rumor mill seems to think there are a couple of very interested parties eyeing us out, guess we just have to wait and see.
Leng, I would put my left testicle on the line to say PZC will be loading barges of Coal by 2015. I'm very happy to sit tight and ride this well into production.
PZC Price at posting:
2.9¢ Sentiment: LT Buy Disclosure: Held
