Spoke to the company today, am confident after talking to them that the Chinese deal will go through. If not (they stressed a very big "IF") they have a number of other buyers lined up.
A few things on the horizon to boost the shareprice...
- Sale of other coal tenement
- Drilling in SA, I hear there is potential for some shallow coal there too... ;)
- Flow results from the trial plant to be announced around or at the AGM.
- Grand opening of the trial plant in the not tooooo distant future. A few names will be present here.
- Other deals, MOU's, sale of more coal a possibility??
Yes Macquarie has been selling, I have been buying more, in for the long haul...
Cheers
AB
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