Yes was wondering about this myself but had given up worrying...

Yes was wondering about this myself but had given up worrying until early next year about this stock!

Paterson's are very much interested in the 1748 lease and a few of the companies other leases could be real wild cards but of course it is safer to drill the more low risk lease first.

I really think Paterson's and Martino at some stage may add some to the board and throw in some more advanced coal projects in the future. The current management has clearly struggled from the overthrow and continue to do so. Which was clearly expected.

The asx doesn't like more options on issue than shares and maybe they are continuing to have trouble with this but Patersons were keen to get the cheap options so I dont see them pulling out and will try and make back some of their money through them so they might be a worthy take up?? dyor