Ann: Response to ASX Query - Listing Rule 3.1 , page-27

Interesting doubts and we all have them. First at the moment is the size of the buys and sell orders. Yesterday the buy orders were huge, up to 500% more than sell orders. So someone/s thinks this is a very solid play.

Another issue is of couse, seems to be the inferred quality of the projects in the pipeline. They look good.

The big issue is the quality of the all new management, I have checked them carefully and they have the qualifications, long experience, particularly in coal and finance with good track records. I certainly run a stop but do not see any stop here for some time.

I suspect a lot of posters go on gut feel and memory of the past disgracefull management. A thorough read over and measurement of this company will be worth the effort.

Bretheren, just my humble opinion.