sounds good stevenjd. i will quote the same estimates for CWK. their resource estimate of 280mt is based on the southern section. the coal seams here are 8 meters thick. this is the JORC. the north section has not been given a resource yet, but every hole they have drilled in the north (i think 6 in total) have given intersections of 17 meters. the overburden here is also 10 meters at some parts - i.e. get your shovel out and dig. the conclusions? most likely a downward dipping resource from north to south that is a billion tons, good quality coal with simple washing, right on top of rail. $95million market cap, $25million in cash, NSW. south africa is nice considering the shortages but having an uncongested port in NSW which is close to asia is possibly even better. they also have some lime project in QLD - dont know how useful that is, but perhaps they will spin it out later. cheers
