wench, the company hasn't proved up the coal yet. They are drilling and hope to have a JORC resource late this year /early next. As the drilling progresses and the confidence increases that this 1Bln tonne resource is there or is likley to be there then the stock price will reflect this de-risking.
You just have to wait for results as they come along.
If you were told to buy this not so long ago the like all the rest of us we will wait for the rerating as the deposit is proved up.
cheers
omg
what are we waiting for, page-3
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