Ann: Investor Presentation , page-5

Presentation has nothing new in it and the worry is the lack of real asset value when you ask around the coal guys who have looked at this. There is concern that the quality of JORC will not get this over the line for what will be an underground mine. I would be good to get some actaul details of the cost of a suitable programme to meet investor needs and how CXY will utilise modest income if they manage to sell to reverse the sp. The new team appear to be following the old team in leading shareholder down the garden path (likely fairies at the end of this somehwere) regardless of how cheap the buy in is for new shareholders. lets get out of the mushroom syndrome CXY.