resource announcement. they lost 29mt?, page-4

Milesy,
Read the full disclosure .For my money 125 mill tonnes in the ground is worth 50cents a tonne or 60 mill dollars for Mbila only.An historical figure I realise but for Anthracite in this locality[assesable to transport and power,in demand,good quality,etc] This figure may well prove conservative. It will be interesting when Pattersons next run the numbers, which I am sure they are doing as we discuss. Their product figure of $90 per tonne may be seen for what it was ,a standard coal price.A gross value of $130 per tonne may be closer to the mark IMHO and will shed a much brighter light on ZYL project value and who knows Pattersons may start buying the stock again after 9 months of negativity
Cheers Chooky