investor factsheet july 2012, page-14

Coal price is falling but you only have to look at China how many coal fired power station it is adding yearly and not to mention India. When dust settle Coal prices will stabilizes on simple face coal produce essential serices to million of people, once you have electricity hard to go back. I rather be in coal that Iron ore. Once carbon Tax in Austraila start to float in may go down the pat h of Euro zone where it is trading at around $5 tonne.

I think ZYL is being market down as most startup minning companies but we are only year away from producing short term there might be more pain.