I reviewed the Basin Coal project for another prospective buyer...

I reviewed the Basin Coal project for another prospective buyer before Jameson bought it. It was a dog then to anyone who knows anything about the industry. It is still a dog now.
It wouldn't make money before the Province of British Columbia banned the generation of electricity using coal.
It will not make money now irrespective of the dollar.

http://www.energyplan.gov.bc.ca/

Someone on board has been wearing rose coloured spectacles or is incredibly dumb or naive. Perm any two from three.
Whichever case you choose these people have then onsold that naivety to an even more naive punter, or dare I say greedy punter.

Pro Bono Publico