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The way that I view this is as follows. As an explorer EDL had an SP of 2.5 pence per share, I appreciate that the AIM market has fallen considerably however at that point there was no certainty of the coal resource. Then when the coal is measured via various jorc's the price plummets. The BoD then informs the shareholders that a million pound is needed urgently for talks with potential partners. We now have an SP of 0.06?????? Something is going on here either for better or worse. If there is a problem there surely is a case for legal action to be taken against the BoD?
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