who is going to agm, page-16

You may find this ironic coming from me but as a thought stimulating foot note to akq's recent post;

''I agree Fakie but the problem is they dont want coal in any shape or form.All they will see is disruption to the environment and emissions even though they have travelled to the meeting in their cars etc etc and live in houses created from products that at the end of the day have been manufactured by some carbon intensive system.Its a matter of education I suppose and needs the Government and BC sector to go on the offensive''



.....I envisage local govt and Geelong based business support groups lobbying for alternate industry in the district as car manufacturing and associated secondary industries continue to shrink in that region.

The more it shrinks, the more the significant rail head and Port facility seem to be potentially under utilized, along with a large semi skilled local labour force keen for employment.

300 Ford workers sacked, being the latest blow to the area.

Between Geelong , Altona and Footscray you have much land zoned as oil and gas refinery, sea container and bulk loading facility infrastructure.

Altona in fact used to be one of Melbourne's first coal mines.

Also I would like to offer fwiw,certain trend observations learnt over time wrt sp movements of small listed companies that have required the services of a draw down facility in the past.

1, Seemingly unexplained short bursts of what appear to be ''oversold'' days, followed by fearful themes appearing in discussion sentiment can occur for a number of reasons.

2, They can sometimes be explained if one appreciates the detail in the drawdown facilitator's share allocation price based upon discounts offered to facilitators, based upon certain VWAP stats over a certain number of days, no matter what the volume.

3, Similarly, seemingly over bought bursts in the sp accompanied by robust and exiting discussion as the sp tends to uptrend may also happen some time later.

4 Sometimes these uptrends are shortly followed up by a 3B related to the drawdown facilitator.

These four trends can sometimes be understood to mitigate anxiety or even to attempt to seek a trading edge.

I do not offer this as trading advice, but simply as observations made over time that may go some way towards mitigating holder anxiety.

I hope sharing my observation is of some help in trying times as this enterprising young company endeavors to steam forward.

Kind regards

RD.