News: C@ to raise $28m to fund exploration on new, page-2

re: News: C@ to raise $28m to fund exploratio... Look forward to hearing from Mgt again.
Probably cover what we know, but hey, there may be some additional info to glean.

On the $8m acquisition, check HUN's purchase earlier this year:
http://www.hunnucoal.com.au/pdfs/MajorCokingCoalProjectAcquisition23May11.pdf
$40 million for a mix of thermal and coking.

Think we've done well.
On track for a 2012 $100mil + m/cap, imo!

Cheers :)