Ann: Quarterly Activities and Cash Flow Report , page-3

re: Ann: Quarterly Activities and Cash Flow R... News does seem good..

However I am not really getting a sense for an end to end plan with key decision points and funding requirements. We have just had the CEO say in boardroom radio that there will be another fund raising round put to shareholders in the next few weeks.

So we have successive requests for capital that seem to be taking the company forward but there is no end (self sustaining profitable project or trade sale) in sight.

The only thing I have against this company is it is a crap shoot with no idea how well the company is going because there are no metrics to measure its development against.

So far the bet has paid off and there is a whole bunch of coal in the ground, but what's the plan for getting it out of the ground?

Is it just me or is everyone happy to go for the ride on spec?