re: Ann: Discovery of Shallow High Quality PC... It's surprising...

re: Ann: Discovery of Shallow High Quality PC... It's surprising that this announcement didn't lift the SP even on a bad day for the general market.

The news of drilling at Bluff sounds very good with good thickness of high quality PCI coal located almost right on the main railway to Gladstone.

Jellinbah mine a little further north has probably been the most profitable coal mine in Queensland for several years mining these coals. They proved that the coal could be produced without a costly washplant. Ken Talbot made a lot of his money out of this mine before moving on to Coppabella.

Positive results of further drilling would be an extremely good sign.