MD seems confident in proving up 2.5Bt by the end of the year,...

MD seems confident in proving up 2.5Bt by the end of the year, as do the Chinese. This will of course be largely driven by Coolumboola. Should such a resource size exist at Coolumboola (10Bt), then the JV only needs to drill a portion of EPC1165 in order to reach their initial target.

Looking forward to receiving results from this program.

I'm quite happy for BOA to cap the price in the meantime.. means we can all take a comfortable position before they let the gates open. And with 70% of the shares in the hands of top 20, I have no doubt there will be a mad scramble for shares when that time comes.