Ann: Response to ASX Price Query, page-4

I reckon it has to do with the consolidation coming up. The top 20 hold 98% of the company. much easier to clean it up here than wait when you will be buying tiny little amounts in a very illiquid stock. there will only be 800k shares outside top 20 and I know that includes mine which should be top 20 if not for multiple holdings.

coal price has gone up 30% in past 8 weeks and they are due to have the second zone come into play with their wash plant up and running soon. production will be quite nice with good returns. it's simply cheap.