Ann: Sale of TCM - Extension of Due Diligence Period, page-6

Imho this deal wont eventuate. The best thing for them is to try and develop the mine.

Too hard you say? And they want to purchase a different mine. Really stupid.

They have 3mt of high grade thermal coal sitting on the top that could be dug as open pit and sold.

That alone would net many multiples of our current market cap.