sold position - will go down to 7 cents, page-3

Went to 11c. I was fortunate enough to be one of those who profited on ECU. There exit from the coal mining industry was impeccably timed. One could argue one of the only things they have done right. Be interesting to see how much cash they have left over after this quarter. I suspect it will be more than share price - maybe as high as 14/15c per share. I mean at one stage they had over $30m in cash. If this current well is a commercial success they'd be worth some type of investment - I think it's something like 40 days to go to target depth.