Market cap of less than $6m....847 million tonnes coal JORC...

Market cap of less than $6m....847 million tonnes coal JORC (coal suitable to convert into fuel. Partnersip deal with giant China National Electric Equipment.


Company out yesterday with an update.

I think for the first time.....have put some revenue forecast figures on paper. They say cash generated net of plant cost....some $15.5 billion. Page 13 of yesterdays report. 158 million barrels of preium diesel.

Detailed development timeframe schedule was presented, with cornerstone investor discussions and plans in train....according to the company. Site preparation commencement end of 2011.

Wait and see I guess.....$6m market cap, and maybe a big, big gap up on news.....is my reason to hold.