Hi Sailfish, like others no doubt coming in seeing this stock...

Hi Sailfish, like others no doubt coming in seeing this stock being hammered to within a few months of bankruptcy I came in here thinking that we could be just seeing some short term weakness while the kingaroy plant is shut down.

The fact is the share price is this low because there's a real risk the company could run out of funds and have to wind up if there's no movement from the Qld govt. I do hold but this is definately not for the faint hearted and I've put about 1.5k into this with the intention of leaving it here for a couple of years with the thought that it might revisit 8c at some point.

There's certainly better investments but this is one of those fire sales that I just couldn't resist given the potential of UCG. Who knows that could get their tech into some of CTPs tenements one day :)