now listing on canadian tsx, page-5

hard to put a value on it as it will be increasing along the way, but they have farmed out 50% of NA projects and receive $2m pa.

I estimate that further raisings and warrant exercises will probably dilute them down around 50%.

I will take a punt and estimate that at the end of 5 years the highland price will be at least betwee $4-$5.

Discount that by 50% to 2-3 dollars and a further 50% to allow the steady increase in price, ans I would suggest $1 but the market does not seem to like it and they are the final judges.

Don't forget that powder river basin produces the equovqlent of over 300 milloion tonnes of coal pa and 99.9% of wells produce.

DYOR