spoke with company..., page-14

Samex...

I assume you mean AW and NW...but they are not what is driving this.

Gujarat NRE (the parent company)...look them up...are (memory) the second biggest in their sector in India.

The parent has just listed INR...GUJ is a mirror image of the business model, but with a faster path to market and potentially better and bigger resource...plus their exploration ground (and more coal) in Tasmania...yet the GUJ market cap is less than half that of INR.

All this may be academic however, as I suspect GUJ will get taken out by INR before the year is out...one would hope for a fair market price and no doubt with a decent bank account thanks to options conversion?

Just my views at a corporate level.

Cheers!