Unexpectedly high overburden suggests insufficient drilling ahead to delineate resource and the depth, to guide mining? Little outfits don't have the deep pockets of the big guys, and having a drop in prices for steaming coal and a rising Rouble at the same time is a triple whammy. Looking a bit scary from a financial survival viewpoint in the short term with out a CR. The 250m ton coking resource so close to Asian market is the big apple here of course but have to get there first, while short of money.
Unexpectedly high overburden suggests insufficient drilling...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $39.20M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $26.79K | 8.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7036758 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3105644 | 7 |
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| Last trade - 11.27am 02/10/2024 (20 minute delay) ? |
| TIG (ASX) Chart |