paydirl march 2011 article, page-46

Champ, what I'm saying is that many factors drive CCC, such as expectation of meeting development targets, abilty to fund etc. It not as determined by coal prices as more mature businesses. Although, if coal prices keep going up it would make financing a lot easier i guess.

I'm not as old as some people think Champ. But not a babe either. I went to Wales to close down an open cast coal mine for an investment bank back in 2000 I think it was when coal was down at $19. Amazingly, the mine eventually survived with a loan from a UK bank and a co-operative structure.

Anyway, I give up for the weekend. And for a while probably. I boring not just others but myself. Perhaps come back with short note if I hear back from someone I'm waiting on.

Stay out of trouble Champion.