Hey elze,might be reading it wrong, but the make up of the...

Hey elze,

might be reading it wrong, but the make up of the 'liabilities' isn't just 'bank loans'; so i figure the debt interest is not what it may seem.
Did read in one of the reports that the 'cash loan' is some $85mil +/-, vs cash holding of $41mil +/-, as at 30 june 08.

However, guess the mgt will report in due time.

As far as the s/p rate goes, will depend on how market perceives report. Many brokerage firms seem to rate the business over-all, as double what it is now, and growing.
I would have thought that this one mine may be slowing, but the coal industry in n.s.w. i believe, is NOT! Look forward to the up-date, and trust the clarification will assist us all.

Out of interest, Inner Mongolia Baotou Steel (rare earth + steel)in china, is up some 8 - 9 % today, to levels not seen since early sept 08! We tend to focus only(?) on u.s., unfortunately - generally speaking.

Cheers :)