UNV 0.00% 16.0¢ universal coal plc

David, i think from what i remember, that a concept study was...

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    David,

    i think from what i remember, that a concept study was completed, this supported the view that they could mine both coking and thermal coal at 10 million tonnes per annum, for over 25 years,

    so the product is mineable , and its at a shallow grade. If you believed in the company at 50 cents, then surely at these levels its a no brainer to get some more.They could well go lower, but i am confident about them in the medium term.
 
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