Val
I can not speak on behalf of Dott however we interpreted Dott's comment differently. My interpretation of Dott's comment was if you have 300MT inferred why not allocate money to proving that up to indicated / measured, instead of allocating drills / money towards trying to get an inferred of 1.5BT.
In that respect I agree with Dott however that is consistent with your comment too (in a round about sort of way).
With 312MT inferred anthracite coal (by visual) at a location like Rockwood in a company with a market cap of roughly $50M, I am amazed that the price has not moved out of the 30s yet.
Can I ask some of those in the industry, what is the likely time frame required with say 4 drills for the company to move from inferred to indicated?
I am the Iceman!
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