Probably as expected.The interesting thing is that the field...

Probably as expected.
The interesting thing is that the field team are over trhere at the moment so would expect some news of aquisition/s in the not too distant future.

"Exploration and Review Activities
The Company has identified a number of target licenses in Mongolia that we believe fit with
the strategy of acquiring high quality coal assets. In cooperation with Trinity Mongolia we
have assembled a geological exploration team, along with engaging an additional senior
geologist who has undertaken significant exploration work in Mongolia. The team is
currently on a field trip to review and evaluate target licenses in Southern Mongolia, using
specially winterised equipment and vehicles to deal with the extreme climatic conditions."

"Mongolia Update
The company is working closely with Trinity to identify, screen and technically evaluate
opportunities in Mongolia, with a number of target license areas under review.
Our presence in Mongolia as a listed ASX company has assisted us in obtaining access to data
on a large number of coal licenses which have been screened to identify target licence areas
that meet our acquisition requirements.
The Company is currently evaluating a number of these licences."


"Indonesia Update
The company has opened confidential negotiations with a local party that has strong links
into the local coal industry. Mark Earley has known and worked with this company over a
number of years and recognises its capabilities in assisting the Company in its aims in
Indonesia.
Information on a number of Indonesian coal licenses have been provided to the Company
through contacts and screening work on these is ongoing. It is encouraging that even in a
well established and developed coal market such as Indonesia, potential projects are still
available."


all in all things are looking pretty positive I would say.