Rupe,
Regarding Matmor.....TL is a big fish re coal..... and some big fish must be looking at Matmor.
Coldry is just the appetizer....Matmor is main course.
Whats the story with the Matmor IP ?
I guess the " bros " + ESI want to consolidate Coldry and then tackle the Matmor IP.
Scenario :
Successful SPP...$3 mill raised
New staff recruited and on the phone to those 1524 Coldry candidates.
Roadshows get sp to 5c....June ?
Another raising to secure the " main course " ?
BTW....how old are the Calleja bros ?.....likely they want to see some action during their lifetimes !!
Imagine what Matmor could redefine as " cleaner steel " ?
"In Hebei Province, in north China, Capital Steel, one of China's biggest steel makers, is building a $10 billion steel mill complex on an island, even as its profits evaporate."
http://72.14.235.132/search?q=cache:T2UAOO5YFvQJ:www.chinadaily.com.cn/china/2008-11/26/content_7242006.htm+china+steel+island+billion+closed&cd=2&hl=en&ct=clnk&gl=au
roadshows and more deals...here and there, page-2
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