re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora... I have been a holder since pre consolidation but i sold out today for the following reasons:
1. Benefication plant still needs funds to be built.
2. The acquisition transaction of the the latest coal exploration projects has sucked up another $500,000 (thats my understanding at settlement.)
3. Further funds will be required to drill.
For me i believe there will be a CR in the coming weeks, so i will sit back and wait.
Potential is there but funds will be needed.
Good luck to all holders :)
re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora... I have been a...
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