Ann: Kuro Coal to acquire Elan Coal hard coking coal properties, page-15

Methinks you could be very right here. IMO a cash deal will be done on the Elan mine area with one of the already active neighbours(JV?). this process will then be repeated on other sites that we picked up in the old Panorama deal.The object being that by 12/18 months we will have a number of healthy JV's that have given .us a nice bundle of cash to be poured into GHN.
Who knows--A nice big JV on GHN would bring in a lot of cash--remember we still have a huge untouched area of Groundhog & Panorama!!
Sure it is tragic how things have been stuffed up here but the potential has never changed.We have nearly all paid far too much for our shares BUT I really do believe that the current SP is far too low & don't care how low it drops over next few weeks as IMO it is a screaming BUY. DWJD