Very illiquid - but why would you want to sell? It's the best...

Very illiquid - but why would you want to sell? It's the best long dated option on coking coal I've found.

The equity raising was tough - but $20m raised in this market for a stock that had gone down for 2 years was always going to be done at a low price.

I still think there's enough holders to block any opportunistic takeover offer.