Ann: Quarterly Report and Appendix 5B - March 201, page-2

re: Ann: Quarterly Report and Appendix 5B - M... As we thought - they are now on borrowed money.

The only chance of any income is some far-away Chile exercise which will cost money to develop. The coal is an unrealisable asset given that is stranded to deep and with split seams and unusable.

If the technology is as good as we have been repeatedly told, why don't they simply run the 5 MW power station to get some money in ? Or maybe it isn't ? Maybe they can't get the technology to work at commercial scale.

It's looking increasingly like a possible insolvency case come July.

ICXP, your thoughts?