subdued reaction..idea for mgmt., page-3

If the most recent presentation is to be believed our funding gap may be reduced:

"Ongoing tightening and optimisation of costs"

and:

"Japan (Coalspur’s closest market) is burning record amounts of coal:
Seeking Canadian coal for reasons of diversity, quality and proximity to market
Pay a premium to the market to ensure certainty of supply and quality
On-going discussions with power utilities"

Funding gap may be filled with coal pre-payments, off-take.

The coal price has languished for quarters now, we need a price recovery and a clear path to 12 mill tonnes p/a to see any real share price recovery.

We wait