re: Ann: Discovery of Shallow High Quality PC... meta5i totally...

re: Ann: Discovery of Shallow High Quality PC... meta5

i totally agree. I expected the news to really move the shares up significantly today. It really is exciting for shareholders, even though it is still at an early stage. This discovery has the potential to generate huge early profits for Carabella without the need for massive amounts of capex and I like how the company states that early cashflow from Bluff could help fund Grosvenor West!
Bluff ticks alot of boxes. These early results have everything you would want when looking for the perfect new coal discovery
- shallow, open pit potential
- wide seams
- close to rail and infrastructure
- low ash content
- high quality metallurgical coal
- lots of further exploration results
There should be more drill results out soon as well so regular newsflow will do wonders for the stock. I really feel the discovery of this second project will derisk CLR significantly too and make it a more attractive target too.