NAE 0.00% 0.4¢ new age exploration limited

second acquisition, page-12

  1. 517 Posts.
    and open pit coking coal would not be for sale to a minnow like us.... underground with the ability to mechanise and increase mine productivity would see this go through the roof.

    check out the slide with the picture of a guy with a pick, next to a picture of a fan-dangled mining machine. Add to that they are only digging a couple hundred metres currently and with modern mining techniques, you could follow any coal seams down 5-6-700 metres increasing the reserves/mine life/NPV...

 
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