madagascar coal ipo

From the Quarterly

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Madagascar Coal Project (50%)
CoAL holds a 50% interest in the Imoloto Project located in south west Madagascar which covers approximately 90% of the Imoloto basin. The project comprises 43 blocks, totalling 270 km2, as well as a further 90km2 in 14 blocks in adjacent coal basins. It is intended that the Madagascan asset be listed on the Australian Securities Exchange in the near term.

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Hopefully, some heavily discounted if not free shares for the loyal share holder.