Today's presentation was generally good, and clearly conveys the message to the Market. That is: How grossly undervalued EER is, compared to other, similar Coal Companies.
Perhaps, the only thing I would have done differently (instead of "burying" it, amongst the plethora of other information), is this: I would have given the proper and deserved emphasis on two very important points:
A). The Indicated JORC Resource was done covering ONLY 12% of the Total Coal Tenements -South and North Blackall, which, allows people to easily come up with the REAL PICTURE (Total Resource: Thus far 12%=469 MT JORC Indicated.... 100%?)...And given the above... We arrive at this:
B).... Initial drilling in the North Tenement displays similar geological pattern as the Drilling in the South (where the initial JORC Indicated Resource over 12% of the Total area gave us 469 MT of Coal) has. That is: Large coal seams near the Surface (=Open Cut Mining)....
Then again, those who need to know (interested Big Companies....Not us), are already aware of EER's Value and potential.....
Cheers:))))
- Forums
- ASX - By Stock
- EER
- 12% =469 mt coal.. 100%?
12% =469 mt coal.. 100%?
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EER (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online