Final due dilligence was under way ... as per the last Quarterly .... maybe this will be the one ....
Eddy will need to dribble out more of that Convertible Note .... to keep this a going concern ...
New Indonesian Directors ..... Cheok etc ... from Lippo Bank .... need to get some Indonesian interest going in this company .... its laying on the slab like a dead fish ... needs an injection of life and vitality ...
Yes .... all Aussie Indonesian coal companyies .... penny dreadfuls ... are in round porcelian bowl .... but indonesia continues to be the worlds largest coal exporter .... and with 3 local indonesian Directors .... and a large on the ground Indonesian team .... this is no longer an Australian company ...
ADD Price at posting:
0.4¢ Sentiment: None Disclosure: Held
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