If you refer to the BGF Coal Sector Analysis Feb 2010
BGF Coal Sector Analysis
RES had the 2nd largest JORC Reserves - Proven & Probable by product of any Coal company listed on the ASX. The report was based on 2010 reserves of approx 440Mt. It's now over 740Mt.
Are we being so heavily discounted because of the South African factor??? Pitman? Or is it because of infrastructure?
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