From the half year accounts under the heading exploration...

From the half year accounts under the heading exploration program:

"Preliminary results from the program showed good correlation with the positions of the Main and Lower
Seams. However, due to drilling difficulties core recovery was lower than expected and as such usable ash
data has been compromised. Ash levels were higher in the northern parts of the resource area. Final
results anticipated March quarter 2010."

From the Dec Qtr activities report:

"Feasibility on expanded mine case on track for completion by end of March quarter 2010"

March quarter been and gone so I wonder what the hold up is? Are they still as bullish as they were?

Plus heaps of options out there to dilute.