I sold a fair few today an took my profits.
Thanks to Gizard and FRB for the heads up in late Dec.
Something for others, though that I was not aware of when initially investing - and I am sure that there will be many here who already know this.
(But if so, in true HC fashion why didn't you share your knowledge to my original question in a previous post?).
I confirmed with WAL CEO Mick a few days ago that WAL's Dysart tenement, EPC 1067 has BHP owned Mining Leases (ML) running through the tenement.
Thus, the known coal seam on the Dysart tenement 'belongs' to BHP/ Mitsubishi.
The drill campaign running in close parallel to the ML's just to the West of them is in the hope that there is some more coal that hasn't been picked up in the original drilling.
IMO a bit hopeful and, even if coal is found there is only one logical beneficiary of it (unless there is enough to justify a stand-alone mining operation).
I am sure many knew but I'm sharing this info for others... regardless, CLR assets underpin the WAL SP irrespective of other assets.
Cheers
John
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