very stalebut here goes.O.K no bonds, no certainty for cash,...

very stale
but here goes.

O.K no bonds, no certainty for cash, means we must rely on JV partners and success that will warrant substantial increase in heads to get opps over line. 150% odd increase, coal is not doing it, and wont do it till we get results. If results are good then BG will still be in and we get a double positive result. good results increase SP, BG being in increase SP.

so what else will increase SP, gas, HE, oil
what do these require to make happen, cash.
BG have already shown they are reluctant to go after anything but coal and even then its a fight.
So we will probably do it on our own.
any find and sp should increase significantly.

no success, no investment.
success, retirement.