back of the envelope says they sell the us stuff to keep the...

back of the envelope says they sell the us stuff to keep the coal seam bits ticking over.

they can't put any more cash into the states,so are better selling now while they still have 20%.

sadly,it isn't worth much---adelaide energy pulled out of the vicpet colorado lease sale.if comet u.s. chases those leases again then cash position looks bad.

but comet will belong to someone else shortly,it is just a wish there is an auction. 5 million cap is not much,but sadly 15 cents would probably see a lot of takers.

fall river has colorado interest,and is technically broke.