last three paragraphs from the resource stocks article below and with approval on the galilee rail line EER would be moving quick now i would imagine.
EER is extremely cheap - the demand for coal is massive and only getting bigger...
"I believe that it's just a matter
of time before the Abbot Point to
the Galilee Basin rail line starts to
be built, and the day that happens
we can get more serious about our
infrastructure," Basso said.
"With our JORC resource
tonnage versus our market caP,
there is a massive discrepancy against
most other coal explorers in the
market.
"I would think once there is an
infrastructure solution in place there
is the ability for a substantial gain in
our share va1ue."
http://www.eastenergy.com.au/wp-content/uploads/2012/08/Resource-stocks-article.pdf
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alpha coal mine and rail project approved, page-2
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