It can be seen as positive we have the court case in part behind...

It can be seen as positive we have the court case in part behind us just concerned as to why Cougar management did not act sooner. Rob has been there 12 months and is driving this company!.

The issue is where do we go from here with not a lot of money raised and a big chunk of the company given away again. In terms of further site works the new CR, particularly with the current cash burn, is not going to make any significant difference in our level of understanding of he coal so what the plan. Lets see if we can get a real update.

As we seem to have dropped UCG the only upside at present is form the coal and the view could be there is not too much interest or else a buyer wants it at a lower price either way the increase in SP is only likely to be marginal and only for those just jumping in (including the Directors).

Hope to be proved wrong but its going to be along way back on an underground coal (not getting carried away with PCI and JORC) play. Hopefully we can get some direction shortly on the strategy and timeline for the rest of 2013 and the Cougar can get roar again.