massive coal seams, page-9

"As for the Chinese, with ME over in HK doing road shows, Im still trying to see where the interest is. I agree that most people would fall over themselves for 60m of coal but it doesnt seem to be the case when it comes to CEO. "

Lets not jump ahead of ourselves. We'll find out later when we know how much we've raised and from whom. To be honest it won't bother me if it's $15m - and if it's $28m then we can snap up Indo deals without any delays. Pros AND cons either way really. I don't think $10m is enough - that basically just pays for the tenements and working capital. Need a few extra millions for the exploration work.