Great analysis DDzx as always, todays results really caught the market off guard today.
Personally I think there's more in the tank short term, shallow coking coal in these quantities is just about the best coal play any speccy could hope to find.
With BHP cashed up and ready to splash $80 Billion in the market, specifically to enhance their coal and iron ore assets what are the chances of them agressively taking a position early on, catch the day traders cold and grab this one before the true value of the resource is obvious?
Did I mention that BHP already have seven projects online in the same basin?
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500m to 1 billion tonnes of coal is possible , page-3
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