coal assets undervalued

With recent developments in the coal seam areas only this week and in FEB 08 -Anglo Coal- brought a 70% interest in the Foxleigh Mine which is on the Middlemount Coal Seam - cost them over $700,000,000.00. Would seem to me that there is no valued put on these assets at the moment within the MC!

Interest reading about the development of the Foxleigh and their performance over the last 6 years or so

Nortons coal interests could very well be the thing that will power the share price up in a BIG way