Hi Boner,My thoughts are this is an awesome mid-term investment...

Hi Boner,

My thoughts are this is an awesome mid-term investment and these are great entry prices for anyone interested. As far as where we are going short term I really can't say because the whole wavent selling, shorting and weak coal prices. That said with $25m in the bank Grov West and soon to be a Jorc at Bluff it wouldn't surprising if someone made a low offer to try get it on the cheap. My thoughts ultimately this will be pretty close to $1.00 by the end of the year if the macro issues settle down and the price of coal starts to stabilise.

Best of luck

I am the iceman!