the bottom is in, page-4

Nugget49

May be worth reading what Intersuisse's Junior Resources Monitor for Autumn 2008have to say. NGF given a BUY rating and they had this to say about the Coal:

The company also holds the Middlemount coal project in the
Bowen Basin in central Queensland. Within EPC1033 the
company has identified shallow Rangal Coal Measures in
the south eastern section of the tenement that are prospective and amenable to open cut mining of PCI grade coal. In the northern and western sections of the tenement, premium coking coal within the German Creek Formation is projected at depths of 250 metres. As at the end of 2007, four of the first five holes of a nine hole drilling program had intersected good coal widths at shallow depth. Planned deeper drill holes have been delayed due to recent flooding.