making a bid, page-10

Things are getting very interesting now

We've got an estimated bil of coal in ground, and no results released to prove it yet, but it's there. Indians have vouched for it on record and their actions re bwn in the current climate speaks volumes

But we mustn't let them get the stock for next to nothing. If pushed to make a bid, we can't sell them dollars for cents

Based on recent transactions, if quoted estimates are even remotely close to what we have (and I think it is very close) then we should not be bullied into selling for less than dollars. Remember, they have information re exploration which we have not seen... yet

Am waiting to see revised deal and what they have come up with, but I am not saying yes to 32, 40 or even 60c, when I know for a fact there are Chinese investors who are Serious and willing to pay DOLLARS for my shares and stil unlock value from our precious tenement and resource package

Time now to be patient, but if the deal is substandard, again, then I'm not supporting it at all

Here's hoping for a fair deal and one which looks after all of us