2 mil mt coal production by 2012, page-16

If Abadi can produce 2 million tonnes pa, then the SP with a reasonable PE 0f 10 for future potential should be .74 cents. (EPS 7.4 cents per share) See previous post.

Regarding liquidity, they could simply do a split rather than what other companies do - a consolidation. Say 5 for 1 but to all shareholders. That way the registry increases fivefold and the SP drops to 1.5 cents. I wouldn't raise cap if not needed.

You will find that the registry would loosen up anyway when the price goes North.