How this will unfoldThe Company can do nothing in a formal way until the sale of its coal assets is complete , which is in early April .
It then plans to redeploy its capital into opportunities in the natural resources and mining sectors and the process is in advanced stage, from what I can gather.
However, they do not want to use all of their cash in acquiring their project , so will use equity to partly fund the process.
The share price that they desire for such an equity swap is considerably higher than the current price , and we are now seeing the initial stages of this promotional effort , which has been quite successful so far but still well short of their objectives.
Over 25 million shares have exchanged hands over this past several days, an indication of just how well these chaps can move the cheap paper to longer hands.
You can expect to see this process continue over the next 2-3 weeks.
So, trade your shares if you wish, but remember that there is a larger force at work here that will continue to move the share price forward.