Alliance put out a stellar quarterly this morning with a ever...

Alliance put out a stellar quarterly this morning with a ever improving outlook for coming quarters.

The two major catalyst this year IMO are

1) funding
The path to initial production is less than 12 months after construction start with a minimal capex spend to the second seam. Project is de-risked and we start earning money a paltry 12 months after.

2) Nasdaq listing
Our profile in the USA will attract a higher calibre of investor and this will show alliance we are in town and a real threat

We have the management team to take this to production so you would think PNL will not entertain any low offer.

Our site is the last undeveloped strategic coal site left with NO other sites coming through, this gives us the aces at the poker table.

Watch for arch, peabody who have cleaned their balance sheets and may be looking for coal sites.

Cypress is ready to be turned on with no hurdles (except capex) and the second seam will see our internal rate of return shoot through the roof.

I think once funding and nasdaq listing occurs we will feel more confident about setting a takeover price of $2 a share.