Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

I would say it’s relevant as all coal has been tarnished as bad. If Europeans are still using coal then it will be easier to get financing for mine.

I sat recently with a corporate banker from a large international bank and was told all coal projects are negatively looked at even met coal. Even he didn’t see the reason why but it is just how it is he said.

this might be the sign of a changing attitude toward coal in the positive light from the Europeans. At least for couple years, maybe we get our finances sorted in this good period before coal is bad again