navel gazing, page-2

Hi Jonman,
The most recent info comes from the latest 2010/2011 Annual report released 23/9/2011.

Key point from Chairmans report on page 3 is that "Following a strategic review carried out early this year with the assistance of PricewaterhouseCoopers, the board determined that an aggresive push into the Asian region should be undertaken to provide greater certainty for the future commercial development of both the UCG technology and the Company's long term future".

Also from the Managing directors report page 5 "The Companys activity in China commenced with the signing of agreements with 2 private companies in the autonomous regions of Inner Mongolia and XinJiang".

Ahhh over typing now and cant copy and paste.

Take the time to read the Chairmans, M/D and the Directors report.

http://hotcopper.com.au/announcementFiles/2011/CXY/2b0bd7c8-fad4-40fa-94c5-dcce9655862a-CXY361483.pdf