Hi BennyCheers I don't think I have outlined all the key...

Hi Benny

Cheers I don't think I have outlined all the key strengths here they are as I see them - there are plenty

Botswana - safer than Australia probably the best country for mining in Africa - there is a process under way for massive expansion to key port and rail (see CCC) I have not checked map to see how this affects us but good place to be in

Thermal Coal - Enough said bullish long term. The grades of these tenements do seem average quality with possibility for export/domestic split thermal

Massive Resource - Compare to AFR or CCC Botswana campaign to see just how big this resource is (close to 3billion tonnes) Even at average grades this will be an economic resource. I have seen estimates from AFR of 20-25c a tonne ( their resource is comparable in grade and quality) These are the same figures being thrown around by CCC. So fully JORCED this could be heading to the 500mill plus level before even talking about mining at current coal prices

Cash on hand - after this raising strong cash position for acquisition and exploration

Capital Structure - This is the clincher for me. Very tight with strong insto support. All directors have skin in the game. No stale holders.

So yeah looking the goods to me and very cheap at this level. If you are looking at a three day purchase yes it could go down it could go sideways it could go up. Long term I know where this is heading and am happy with my HDG