Hi HypermaxI do agree that coal quality is very important.Based...

Hi Hypermax

I do agree that coal quality is very important.
Based on past results it appears to be export grade.
If it was not, why bother drilling all of those holes?

And if it had no hope of achieving export grades, Noble would be the first out the door.

Zin is correct, the demand for thermal coal will increase in the near future and there will be upward preasure on price. I still think EER is worth buying and holding.

Naturaly i would be happier if SRK got on with it, they are South African and i hope they are not using the labs over there.

Good luck Max