the target of approx 500 million tonnes of coking coal at theresa (emerald) was due to be converted to a jorc inferred resource by this coming monday (2-3 weeks from july 28)
so it may come today, tomorrow or monday according to the announcement on july 28....but of course it may be delayed.
nhc's "new saraji" (underground) was sold to the bhp/mitsubishi (bma) alliance for $2.45 billion which equates to approx $3.50 per tonne.
with a theresa resource due and first liquids also due soon there is plenty of support coming....i hope.
cheers
LNC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held