It is now well over 2 months since the following was released to the ASX.
"ASX ANNOUNCEMENT 11 December 2013
The Company notes however, that it continually explores ways to increase the value of its assets and, to
that end, is in confidential negotiations with potential investors/partners concerning the Company’s coal
projects. These negotiations target accelerated development of the Company’s coal assets and value
creation thereof. The potential counterparties include both domestic and offshore entities.
The negotiations are an incomplete proposal or negotiation at this point. No assurances can therefore be
given that any agreement between the parties will be concluded.
The Company will keep the market informed in the event of a material development from the ongoing
discussions." ends....
No material developments yet??????????????????
"accelerated"
sounds similar to "fast tracked" and "imminent"
Waiting, waiting, waiting.
B Rubes
discussions to develop coal
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