Ann: Quarterly Activities Report , page-40

It occurs to me that the share buy back which has been in progress for a while may have been designed to soak up the shares being dumped by HSBC.

In that case, with only around 350,000 shares available to buy back, the dumping may be at an end.

On the wider front I hope that the 10 year change in the Chinese leadership in October will bring renewed confidence in the econmy. Until that happens the thermal coal project will surely just remain on ice.

Also I hope it won't be long before we get news of the plans for the newly acquired gas assets and the results of the Mt Leyshon sampling and assaying programme.