it is out, page-45

We all know the negatives of the announcement and I've posted my negatives above.

Now for some positives..
1. CEO has a thick hard coal seam starting from surface - how many companies can say that ?

2. Most of the holes that were drilled were probably looking for the boundaries and were possibly just outside of them.

3. The 5th hole - whether it is part of the same coal sequence or not indicates there's coal and a nice seam some 6 kms away ! .. so more coal in the tenements.


Thick near surface seams have been demonstrated to exist in various parts of the tenement area - we have a chance to find something big one way or the other.

Something positive to allay the nerves.