the deal

UCG operations are expensive and time consuming however will shape a bright future for the Company going forward....I am certain that a sizeable cap raising will not be too far off in conjunction with a potential reconstruction under ASX listing rules. IMO - the company will most likely first focus on proving up a resource to target the areas for the UCG focus. Refer to CNX - more advanced UCG company however this will give an idea as to the quantum of funds and time involved with the overall operation. Again I reckon IRH has picked the right opportunity to pursue!