The play here is the upgraded JORC resource at Elan south which...

The play here is the upgraded JORC resource at Elan south which is  20 odd kms north of  the soon to be relaunched Grassy Mountian mine owened by Riversdale a subsidiary of Rio Tinto. There is a train line next to them which will enable easier rail access.  Location is in the Ann on below post.

https://hotcopper.com.au/threads/an...coal-exploration-permit.4096351/#.WwB7IqSFMdU

http://www.rivresources.com/site/Projects/grassy-mountain-project2/overview3

Couple this with a 200M Tonne resource aim with the cash from cap raise, this has the potential to be worth significantly more from here. See page 20 & 23 from investor presentation on 19/03/18

https://hotcopper.com.au/threads/ann-investor-presentation.4086592/#.WwCeqqSFMdU