looks ready to launch sandyb, page-17

I don't believe these guys are incompetent - they have however left investors to 'in the cold' recently with the lack of announcements. It appears they are now getting off their bums and working.

Investors at Adavale have every reason to be P'd Off because they've told us nothing and kept paying themselves very handy wage's and consultancy fee's. The drill rig fee's are a part of the game - they are fine - and at least Adavale have immediate access to them and we don't have to wait to use drilling rigs.

Mr Poole does claim a lot of money on consultancy fee's - more than the average Austarlian wage in one Qtr. Mr Poole was one of the founding Directors at WEC - which is a very successful company with an SP of $2.50+

That last announcement was encouraging but lacked detail as a long term holder here it would have been nice if it was a little more detailed -

What stage are these 2 thermal coal plants at (new or existing businesses)?

Who is the Co-Investor?

A time frame (i know this is difficult but an indication may have been noice 3 months 6 months whatever)?

How much coal do these thermal assets have?

They probably cannot comment on too much -