17c for breakout, page-14

Yes Peggs - agree with you there - should be valued much higher - my thoughts --
* 40 mill in bank end march Q
* 60 mill by june Q estimate
* 80 mill by september Q and you could be looking anywhere from 100m to maybe 130 million by march Q next year! these are guess numbers - but they are earning $$$ at the moment!

So it wuold give them plenty of margin to buy back all the conv shares / notes when it suits them -

*Copper gold project coming along
*Coal is being drill out - good potential here for more up side

Market cap should be a lot higher - think in time it will move up as it is re-rated

Cheers