benny has a 51% controlling interesthe's got a coking plant that...

benny has a 51% controlling interest

he's got a coking plant that made $25m profit before the downturn and has a coke oven project on the go to improve margin

Compare that $25m profit to a market cap of $90m at 25.5cps right now

He has another project held back, for now, to increase overall coking plant capacity by 800kt to 1.3m t

and he has the Rocklands EPC 890 coal tenement with 880m t inferred and another 63m t inferred at Hillalong

and some-one who's keen to develop it, and buddy up with, but who can't do a take-over without benny - who also has 206 m options (cf 352m shares on issue), with a strike of 50cents, at sep 2012

So is there more to this?

you betcha