From my conversation with the Company rep yesterday, he made it...

From my conversation with the Company rep yesterday, he made it quite clear that Asia is of great interest. Mongolia and China are two areas in particular where we would expect any future announcements to be centred, I reckon. These people are looking to expand all avenues re power generation, particularly those with greener credentials. The abundance of suitable coal is cause enough and they have the numbers to warrant investment.

Re the CR: Raising cash for what ever purpose is indeed a sign that a company is able to convince 'sophisticaed' investors that it is on solid ground with prospects.

So Monday should confirm the positive trend, IMVHO.

esp.