Ike501 - If NGF "firms up" the 35-40mt PCI coal reserve/resource at their Middlemount tenement, that's quite a bit of "loot" sitting in the ground up there in QLD, even at the low end of the prices you you mentioned in your post! With most of their management having experience in coal, do you think the day might come when NGF floats their coal interests? - maybe "the son of Felix"!
Goggo
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announcement issued 35 mt pci grade coal, page-13
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