keeps ticking the boxes, page-2

Pleased with the announcement Freddy - appears that the coal seams were thicker than expected so presumably an increased resource will result...I think Blackswan had an estimate of 15m tonne for Crown Mountain as part of their value calculations for JAL from memory.

Coal quality, although not final, appears to be what they expected so this could turn into a nice little project for us.

I think the announcement was timely too - was starting to get a bit stale with a lack of news flow. Buyers not willing to step up yet - seller still lurking by the looks of things, although I'm not sure how genuine he/she is and what the motivation is to push the price down??

Regards

Doyle