re: news must be coming good call - bottom line it is worth a lot. Refer to the page in the announcement to the coal conference, depending on final size of the deposit and rail lines it could be worth say 50c/t in the ground of JORC resource based on other values on recent deals completed.
At that even woth 130mt now and that may double based upon targets, this deposit alone could be worth $65m or +$1/share. They have three other projects and potentailly 700mt+ of Jorc resources on all of the deposits combined.
This could be a very serious company if they are able to get the projects to the next level. Very undervalued.
new must be coming, page-7
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