I agree 23. I also think this was also on the back of HUN being...

I agree 23.

I also think this was also on the back of HUN being taken over by Banpu. HUN is a mongolian coal play similiar to TVN but with JORC and production soon to commence. It further reiterates the growing importance of Mongolia as a source for coal and other commodities. Banpu had to pay a massive premium to acquire HUN.

Althought TVN has a long way to go before it is in HUN's league, it certainty is heading the right way and making significant foot steps too. We look like having a significant resource with the drilling so far and our extreme proximity to infrastructure and transportation makes it even more attractive.

To those who have concerns regarding the last hole being abandoned, it isnt such a bad thing. It is very common in any drilling. The hole being drilled could of been abandoned for several reasons such as drill rig being broken down or the ground was too hard to penetrate. The thing we should get from that announcement is that the hole ended with coal. This means should it be re-drilled and pick up where it ended, coal occurances will still be there.

Either way, coal and Mongolia are still very important to the world. Todays takeoever of HUN demonstrates this.