new capital raising, page-5

"AJ=If there are any shortfall I hope it is underwritten"

Section 3.1 of the Prospectus. The offer is NOT underwritten.

I like the concept Liberty has, that's why I keep an eye on it. I do consider it may possibly head south though in the shorter term.

Correct me if I'm wrong, but I don't think they have any UCG IP. They would have to license the tech from someone. The first hurdle though in my book is the QLD UCG Independent Report and then the Gov's Policy determination.

If it get's up they may want to have a talk to LNC. With their OCG and AFC rights (fuel cells to enable LBY to supply their own power cheaply) they might be a good fit eventually.

Any thoughts?