I think the uncertainty around the coal project (recent MOU) & the court action will see the stock retest .04 levels. You can bet there will be a placement before any big ann.
However any resolution to the CBM/CSG assets or good gold results or confirmation from Vic dep. Environ,. re: the Gipsland brown coal MOU will see it trade up around .105.
It's a good risk reward here because cap is so low.
