drill results, page-7

there is a huge demand for a steady supply of of coking coal

the chines have undertaken to close their smaller furnace, putting demands on the need for high quality coking coal in the future

wood mackenzie says this late last year

China’s reliance on coking coal imports will increase due to insufficient supply of high quality coking coal in the domestic market. China is forging ahead with plans to close all blast furnaces under 1,000 cubic metres and install new blast furnaces with capacities in excess of 2,000 cubic metres.

The larger furnaces need coke produced from high-quality coking coal. As a result, a larger volume of this type of coal will be required and China will have to turn to suppliers of the likes of Australia, Mongolia and, to a lesser extent, Mozambique who are all expanding supply.



in light of that, its strategically a great place to develop a high grade coking coal project imho..

ticks all the boxes in that regard