I think it's a good bargain buy; considering they will now have about 1 Billion tons of Coal resource (potentially much more, I think) with all necessary approvals in very stable South Africa (also not to forget right here in Tasmania). I am sure we will see the SP move towards $.50 in a few days. All it needs is a Company presentations, interviews & some upbeat comments from the management. All IMO, DYOR is worth.