Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-14

Hi Peter,

not trying to be a smart ass at all but there are a couple of holes in your information. firstly the actions taken certain board members dictate a conflict of interest and are not acting in the best interest of the share holders. from my research the cash in bank with dept owed brings the cash back to a small amount of witch we can both agree but the mine has minimal overheads now because of the equipment purchased. thus meaning if the dept was paid back and and the coal price was stable, this would be a share you would hold onto for the next couple of years and make a great ROI as cash in bank will slowly increase back up again.

I believe that the evaluation is correct at around $1.50 taken that their performance and coal price has been exceptional.

hey we can all be wrong and i might be but that is my thoughts