XEN xenolith resources limited

re: Ann: Initial Coal Resource of 339Mt at Hi... Their coal will...

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  1. gmc
    453 Posts.
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    04/06/09
    14:04
    Post #: 5242926
    re: Ann: Initial Coal Resource of 339Mt at Hi...
    Their coal will be the same as all coal in that region - thermal coal suitable for heat generation ie power stations. It is of similar quality to that of our hunter valley.
    It isnt coking coal used for steel production but will still turn a great profit.

    Cheers

    GMc
    XEN Price at posting: 13.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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