RE: What Just Happened9 Jan 2017 14:36
You have more or less the key facts already - there has been a complete management change too and much of the recent hike in share price can be attributed to Calvet new dirs wanting a larger slice. It remains to be seen what they are going to invest in, but this, I understand will be made clearer in a forthcoming announcement. Various warrants on offer too. There are a number of theories with some investors saying its the coal asset that is of interest but this gook coal is a sideshow in my opinion.