Ann: 10.12.01 Coal Stratigraphic Programme Pedirk, page-8

re: Ann: 10.12.01 Coal Stratigraphic Programm... I don't agree with everything the company has done, but I sure as heck wouldn't want them to not have any forward plans.The comment on the timing of the coal announcement is speculation and nothing else.

No one knows the exact results of Surprise. We could probably all safely say it will be a tight play. But to say this is to cover Surprise as they know the results is simply not true. Now there are no guarantees with Surprise, and maybe the share price will end up in the .04s, but only time and exploration results will tell.

I am not going to go back through all the old announcements (and someone else may remember when it was first mentioned), but it is there in black and white for all to see in the last quarterly 29/10/10 pg 4.

"Pedirka Basin Coal

The company plans to drill 4 stratigraphic coal exploraion wells in its Minin Act permits in the Pedirka Basin commencing in the forth quarter of calender year 2010."

Then it goes on with a lot more detail about the coal(see link).

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01115812




DYOR. It is your money after all.