Ann: Coal Sale - Two leases sold for $3m , page-22

It can't deliver on its projects overseas without technology and experience, which LBY have none.

CGV has pulled out, the status quo hasn't changes with CNX and their HoA with CNX was focused on the Galilee Basin in Queensland, no more UCG trials will take place in Queensland under the Bligh government.

As for selling coal tenements,Liberty's annual bill to retain their coal tenements is over $4m, most of their coal tenemnts in Queensland are targeted at deep coal, only suitable for UCG, nearly all their tenements they've flagged as shallow coal are still all under approval and have competing applcations against them.

This company is still a long way from being out of the woods and doesn't have a lot of time. Anyone who thinks this stock is going to be over 10cents any time soon is dreaming IMO.