look out below, page-2

G'day cosmos,

I watch this one - am interested. Might be seeing the beginning of a pump for a dump this morn.

Ex ann report

"On 27 April 2006, Bounty Industries Limited acquired he remaining 49% minority interest in InCoal Pty Limited for a consideration of 20m ordinary shares, subject to escrow for one year, and the forgiveness of a debt of $173,155. The transaction was accounted for as an equity transaction in the consolidated financial statements."

"InCoal was 51% owned by Bounty with the balance owned by its management, Larry Cook and Amon Mahon, who are experienced underground miners, with a specialisation in low profile (thin seam) mining."

Larry and Amon's wives are the substainial holders now (number 2 + 3 in the top 20) holding 10mill each.

Interesting to watch. - unimpressive management who lend corporate funds (entirely legally) to themselves.