Ann: Director Appointment , page-27

Do you have a basic breakdown of an 85c/share offering and how this kind of value could arise as being realistic by a T/O party?

It would be realistic once we're in production, with a 30 plus year mine life potentially to increase, prime location with high quality coal, current infrastructure and easy start up it's possible.

Good thing for us is we're likely to have good margins, unlike many Aussie Coal companies.

The 85 cents is pure speculation, but if we go it alone and ramp things up that would be a conservative guess if all things fall into place.

Realistically when it's all systems go we should be commanding a market capital of around 400 million plus minimum. What is our market cap now? Not even 5 million lol.....

It is going to be one of those stocks where you have to be patient, even though it's been a long ride it will all come good everything is in place to bring home the bacon.