option expiry, page-9

So what happened to the option agreement that was announced on 20 April? So they change the terms of the option agreement to suit themselves?

@ April Announcement

"The option period commenced on 19 April 2011 and will continue for a period of 10 weeks, during which time CEO will complete due diligence on the licenses to the extent it deems
necessary prior to exercising the option. The due diligence process will include a significant mapping, drilling, trenching and coal sampling program. CEO will provide further
announcements on its findings over the course of the due diligence period."

I'll be off now.........good luck. Sounds like a good story and great intercepts.

:)
Nic