I agree that is why there has been no big action recently...

I agree that is why there has been no big action recently (although I was initially wondering where the retail money has gone - but others have already covered that).

There is no way that there is nothing currently being pursued regarding your excerpt.

They did allude to terms and what it would cost us for a partner to be involved, but I'd rather have, say, 50% of something than all of nothing (Redmoor); not forgetting that there is a substantial area to add to resource at Lochinvar with its benefit.

Even if coal isn't flavour of this month/quarter the scoping is difficult to ignore and there surely are companies who are really just waiting to see how much of a discount they can get on a purchase or partnership. Big figures to play with so I understand why our board has allocated significant time this year to the pursuit.

There may also be buyers waiting to see what the quarterly coking coal price is going to be.