how quickly will this one take?

Bit of general comment here but I'm interested in others' comments on this. I thought I was pretty fortunate to get in at 40c last year and did choose to sell a bit before it rose to $1.20 or so. However I did buy some more at $1 or so only to see it drop to current levels (like so many others I'm sure).

BTW that's not too bad but a bloke I know bought at 7c and sold at $1.20... There's always someone better off and worse off, isn't there?

Anyhow all the industry contacts I have seem to agree that BTU has good long term prospects and we know the coal is good but in the medium term, with all the approvals required, etc. it may take quite some time. If I was starting from scratch I'm not sure I'd buy just yet... even considering a takeover possibility.