When you look at AFR over the last 12 months it just goes to...

When you look at AFR over the last 12 months it just goes to show that a lot can happen and that coal is a hot sector atm. Currently we have 5 geo's onsite at the newly acquired coal licenses and rigs onsite too as per the announcement released on the 27th October earlier this year.


"Palace has assembled a team of five geologists who will start collecting samples for metallurgical testing. Engineers are due on site to begin scoping studies to upgrade the existing port to enable it to handle bulk materials.

An aggressive exploration program is currently being planned in conjunction with SRK Consulting. This will see as many as seven drilling rigs in operation from mid-
November as part of Palaces strategy to calculate a maiden JORC resource within six months."

Maybe an update is not too far away?