Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE THERMAL, page-44

re: Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE... Sure looks like that to me too.. The Ace..

JORC compliant nine million tonne coal resource.... production scheduled for last quarter... three million dollars cash..... does not equate to market cap of five million.. something smell bad..

No effort made to introduce buying support to this share...

Dicky Poole has absorbed one third of our cash spend over the last two years... and delivered a ninety percent loss on our capital.... looks like he's setting up to absorb over fifty percent of our share float.... or a majority stake in our only decent asset through JV.... one thing for sure though... if he does fleece us of a major slice of the coal motza... we'll still be paying out big fees for him to administer whatever is left in Adavale...

Cat...still hope you are right... and the Directors do the right thing for ALL SHARE HOLDERS...

Very hard to imagine fifty cents given what has unfolded here over the last few years... this Bunny is happy to be proved wrong..