question, page-2

Franky, if you want some good analysis there was a report put out by Alto Capital in November last year available here:

http://www.altocapital.com.au/ATQ_Research_Note_Nov_2010.pdf

Note that it's about 760kB.

Since November, however, we have had on the positive side the appointment of Greame Robertson and a host of other experienced staff and management, a rise in the price of coal, and new opportunities in Tanzania, Laos and Vietnam announced. On the negative side there has been some dilution with the latest capital raising. So the predicted share price of 60c by November this year looks reasonable, and may be on the low side provided there are no hickups.

Hope that helps,
Redfloyd