I see some of the big coal players were up 8-10% overnight. this...

I see some of the big coal players were up 8-10% overnight. this comes as prices are tipped to rebound strongly in the coming months - similar to iron ore recovery.

with 6 million shorts on bandanna - that is a massive short covering rally which hopefully will occur today....

The DFS is been externally reviewed but the presentation on wednesday suggested that BND are pretty happy with it. we should see this soon and hopefully if will show how good of an investment BND will be over the next couple of years. cash over 100 million - no debt and 41 million already paid for stage 1 WICET...

enterprise value is basically nothing for a projects (100% Springsure, dingo west, 50% of AMCI project) probably worth more than 400-500 million at average coal prices. $1 could be here quickly with a good DFS and a partner on board to make the project happen. either way a short term rally in price seems inevitable.

Good luck all.