Thursday, April 26, 2012 1:40:43 PM
James West: And so you’ve also owned a large share position in Prophecy Platinum as I understand.
Greg Hall (CEO): That’s correct! That’s our sister company. It’s also listed on the TSX, at the TSX Venture and basically, the portfolio value of our 22 and half million shares of Prophecy Platinum is roughly $90 million, which again equates approximately or very close to the total value of Prophecy Coal.
James West: So you’re essentially getting the power plant for free? That’s very interesting.
Greg Hall (CEO): Exactly! Over a billion tons thermal coal fully primitive for a power plant and it has no evaluation.
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