after the deal

if the coal deal goes ahead where will trh stand?

current approx 45m shares
+ 10m share placement at 20c
+ 5m shares to Corvus on completion
= 60m shares

current 6m unlisted options
+ 1m options to broker
+ 4m options to Hugh (at 30c lucky guy)
= 11m options

and finally 5000 converting shares that I understand convert to 5m FPO's

Then say we get lucky with this deposit and define the ultimate 2billion tonne proven reserve with appropriate energy content...

We will then have issued another...
20m shares
and owe Corvus $200m cash!!

Of coarse I havent included all the shares that will need to be issued to raise capital to fund the drilling to define this resource...(ideally it would be good if we could sell the RAD holdings to pay for the drilling in colombia)