CLR EOC

Mljet- 4th largest tenement holding in Bowen Basin- 3 pronged...

  1. Denial
    10,383 Posts.
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    23/05/11
    09:45
    Post #: 8436039
    Mljet

    - 4th largest tenement holding in Bowen Basin

    - 3 pronged approach:
    > Export Thermal via Orion Downs tenement
    > PCI via Rookwood
    > Coking via Talwood and new tenement in JV with Carabella next to Mabbin Creek

    - Corporate support via Hidili and Stemcor
    - Offshore insto support via Republic iand Indus

    June - ML to be lodged shortly for Orion Downs?

    Dec - BFS for Orion Downs & PFS for Rockwood and a coking coal resource at Talwood- Pretoria Hill

    Personal price target: +$1.20 by 31 Dec 2011.



    EOC Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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